Abstract:
A battery of four tests for randomness in a time series is developed. It is applied to the trend of annual personal income per capita in West Virginia, relative to that of the United States, from 1948 through 1970. The paper does not reject the hypothesis that the trend of relative income was random.
Keywords:Appalachia; randomness; time; series (search for similar items in EconPapers) JEL-codes:R11E61 (search for similar items in EconPapers) Date: 2000-07-20 Note: Type of Document - Scientific WorkPlace 3 (LaTeX); prepared on Compaq Presario; to print on HP; pages: 10; figures: Included