In a Simple Bivariate Regression with 25 Observations,which Statement Is

Multiple Choice

In a simple bivariate regression with 25 observations,which statement is most nearly correct?

A) A nonstandardized residual whose value is ei = 4.22 would be considered an outlier.
B) A leverage statistic of 0.16 or more would indicate high leverage.
C) Standardizing the residuals will eliminate any heteroscedasticity.
D) Nonnormal residuals imply biased coefficient estimates,a major problem.