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Homework answers / question archive / The histogram of the estimated residuals from a regression is shown below, along with summary statistics for the residuals

The histogram of the estimated residuals from a regression is shown below, along with summary statistics for the residuals

Economics

The histogram of the estimated residuals from a regression is shown below, along with summary statistics for the residuals. 20 Series: Residuals Sample 2000M01 2013M04 Observations 160 16 12 8 - Mean Median Maximum Minimum Std. Dev. Skewness Kurtosis 4.75e-16 0.051482 2.085097 -2.342896 1.221305 -0.181759 1.897905 0 -2.5 -2.0 -1.5 -1.0 -0.5 0.0 0.5 1.0 1.5 2.0 Jarque-Bera 8.978390 Probability 0.011230 Which of the following do you conclude? Select one: A. There is evidence that the regression residuals are normally distributed at the 1% level B. There is evidence that the mean of the residuals is larger than the median of the residuals. C. There is evidence that the regression residuals are right skewed D. There is evidence that the regression residuals are not normally distributed at the 1% level E. There is evidence that the regression residuals are uniformly distributed

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A. There is evidence that the regression residual are normally distributed at the 1% level.