Solved

A Regression Was Estimated Using These Variables: Y = Annual

Question 90

Multiple Choice

A regression was estimated using these variables: Y = annual value of reported bank robbery losses in all U.S. banks ($ millions) , X = annual value of currency held by all U.S. banks ($ millions) , n = 100 years (1912 through 2011) . We would not anticipate:


A) autocorrelated residuals due to time-series data.
B) heteroscedastic residuals due to the wide variation in data magnitudes.
C) nonnormal residuals due to skewed data as bank size increases over time.
D) a negative slope because banks hold less currency when they are robbed.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions