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Suppose you conduct the Breusch-Pagan Test. You estimate the regression with the squared residuals as the dependent variable and population density and the number of

Suppose you conduct the Breusch-Pagan Test. You estimate the regression with the squared residuals as the dependent variable and population density and the number of nurses per 1,000 residents as independent variables. From the regression results, you get the F-statistic is 0.323 with a p-value of 0.154. At a Level of Significance of 5%, what does the Breusch-Pagan Test say about the Linear Regression?

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a) Heteroskedasticity is unlikely to be a problem with the Linear Regression

b) Heteroskedasticity is likely to be a problem with the Linear Regression

c)The coefficients of the Linear Regression are likely biased

d) The Linear Regression has a good Goodness-of-Fit

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