On Uncertainties in Cross-Correlation Lags and the Reality of   Wavelength-Dependent Continuum Lags in Active Galactic Nuclei
  We describe a model-independent method of assessing the uncertainties in cross-correlation lags determined from AGN light curves, and use this method to investigate the reality of lags between UV and optical continuum variations in well-studied AGNs. Our results confirm the existence of such lags in NGC 7469. We find that the continuum variations at 1825 A, 4845 A, and 6962 A follow those at 1315A by 0.22^{+0.12}_{-0.13} days, 1.25^{+0.48}_{-0.35} days, and 1.84^{+0.93}_{-0.94} days, respectively, based on the centroids of the cross-correlation functions; the error intervals quoted correspond to 68% confidence levels, and each of these lags is greater than zero at no less than 97% confidence. We do not find statistically significant interband continuum lags in NGC 5548, NGC 3783, or Fairall 9. Wavelength-dependent continuum lags may be marginally detected in the case of NGC 4151. However, on the basis of theoretical considerations, wavelength-dependent continuum lags in sources other than NGC 7469 are not expected to have been detectable in previous experiments. We also confirm the existence of a statistically significant lag between X-ray and UV continuum variations in the blazar PKS 2155-304. 
Bradley M. Peterson, Ignaz Wanders, Keith Horne, Stefan Collier, Tal   Alexander, Shai Kaspi, and Dan Maoz