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Suppose That You Plot the Residuals from a Regression of Number

Question 16

Multiple Choice

Suppose that you plot the residuals from a regression of Number of Wins on Payroll for the Dallas Cowboys over the last 20 years and you get the following Suppose that you plot the residuals from a regression of Number of Wins on Payroll for the Dallas Cowboys over the last 20 years and you get the following   You would conclude that A) definitely autocorrelated. B) likely not autocorrelated. C) possibly autocorrelated and you would perform a formal test for heteroskedasticity. D) possibly autocorrelated and you would always perform a correction for autocorrelation.
You would conclude that


A) definitely autocorrelated.
B) likely not autocorrelated.
C) possibly autocorrelated and you would perform a formal test for heteroskedasticity.
D) possibly autocorrelated and you would always perform a correction for autocorrelation.

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