Refer to Below Regression Results

question 93

Multiple Choice

Refer to below regression results. When testing the overall significance of the regression model at the 5% level given a critical value of F_0.05,(2.20) = 3.49, the decision is to ________.

• A) reject H₀; we can conclude that the explanatory variables are jointly significant.
• B) not reject H₀; we can conclude that the explanatory variables are jointly significant.
• C) reject H₀; we cannot conclude that the explanatory variables are jointly significant.
• D) not reject H₀; we cannot conclude the explanatory variables are jointly significant.

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Definitions:

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