The Following Estimated Regression Equation Was Developed Relating Yearly Income

Multiple Choice

The following estimated regression equation was developed relating yearly income (y in $1000s) of 30 individuals with their age (x₁) and their gender (x₂) (0 if male and 1 if female) . ​
​ = 30 + .7x₁ + 3x₂
​
Also provided are SST = 1200 and SSE = 384. At the 5% level, the model

A) is significant.
B) is not significant.
C) would be significant if the sample size was larger than 30.
D) has significant individual parameters.