Consider the Following to Answer the Question(s) Below

Multiple Choice

Consider the following to answer the question(s) below:
Monthly closing stock prices for a utility company were obtained from January 2014 through August 2015. A regression model was estimated to describe the trend in closing stock prices over time.
-What does the plot of residuals above suggest?

A) An outlier is present in the data set.
B) The Linearity condition is not satisfied.
C) A high-leverage point is present in the data set.
D) Extrapolation was used.
E) There is no pattern. The relationship seems reasonably straight.