Which Statement Is Not Correct

Multiple Choice

Which statement is not correct?

A) Spurious correlation can often be reduced by expressing X and Y in per capita terms.
B) Autocorrelation is mainly a concern when we are using time-series data.
C) Heteroscedastic residuals will have roughly the same variance for any value of X.
D) Standardized residuals make it easy to identify outliers or instances of poor fit.