Linear Regression | What is Auto-Correlation in Linear Regression assumption

Question

Assumption of LR

in progress 0
TheDataMonk 4 years 1 Answer 1009 views Grand Master 0

Answer ( 1 )

  1. Autocorrelation occurs when the residual errors are dependent on each other.
    The presence of correlation in error terms reduces the model’s accuracy.
    This mostly occurs in time series models where the next value is dependent on
    previous value. In other words, the value of y(x+1) is not independent from the value
    of y(x).

Leave an answer

Browse
Browse