Suppose that the skewness associated with the residuals from a multiple regression of 88 observations is -0.3 and the excess kurtosis is
1.2. Using the Jarque-Bera normality test:
A. we can reject the null hypothesis that the disturbances are normally distributed at the five-percent level of significance.
B. we can reject the null hypothesis that the disturbances are normally at both the five-percent and one-percent significance levels.
C. we cannot reject the null hypothesis that the disturbances are normally distributed at either the five-percent or one-percent significance levels.
D. we can reject the null hypothesis that the disturbances are not normally distributed at the five-percent level of significance
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