Which Statement Is Not Correct

question 68

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 if 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.

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