$($d$)$ What is the leverage for the State of Alabama? $($Round your answer to three decimal places.$)$

$0\mathrm{.}048$

Correct: Your answer is correct.

What is the best description of this statistic?

Leverage is a measure of an observation's potential to dramatically change one or more of the regression model properties.

Leverage is a measure of the extent to which an observation dramatically change one or more of the regression model properties.

Leverage is the difference between an observed value of the response variable and the value of the response variable predicted from the regression line.

Leverage is a measure of the amount of multicollinearity in regression analysis.