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Conduct a Test to Determine If the Predictor Variables Are α\alpha

Question 9

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Conduct a test to determine if the predictor variables are jointly significant in explaining Earnings at α\alpha = 0.05.  Conduct a test to determine if the predictor variables are jointly significant in explaining Earnings at  \alpha  = 0.05.   A)  P(F1,18)   \ge 74.608, p-value is less than  \alpha  = 0.05, we reject H0, but jointly significant in explaining earnings. B)  P(F1,19)   \ge  82.818, p-value is less than  \alpha  = 0.05, we accept H0, jointly do not explain earnings. C)  P(F1,18)   \ge  74.608, p-value is less than  \alpha  = 0.05, we accept H0, but jointly significant in explaining earnings. D)  P(F1,19)   \ge  82.818, p-value is less than  \alpha  = 0.05, we reject H0, jointly do not explain earnings.


A) P(F1,18) \ge 74.608, p-value is less than α\alpha = 0.05, we reject H0, but jointly significant in explaining earnings.
B) P(F1,19) \ge 82.818, p-value is less than α\alpha = 0.05, we accept H0, jointly do not explain earnings.
C) P(F1,18) \ge 74.608, p-value is less than α\alpha = 0.05, we accept H0, but jointly significant in explaining earnings.
D) P(F1,19) \ge 82.818, p-value is less than α\alpha = 0.05, we reject H0, jointly do not explain earnings.

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