serial correlation

  

Definition

Non-random pattern unexplained by an analysis (such as a time series analysis) and indicating that an important variable remains unidentified. Statistical techniques such as Durbin Watson coefficient are used in detection of this undesirable correlation.

Related Videos




http://www.businessdictionary.com/definition/serial-correlation.html

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z