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

Multiple Choice

Conduct a test to determine if the predictor variables are jointly significant in explaining Earnings at $\alpha$ = 0.05.

A) P(F_1,18) $\ge$ 57.737, p-value is less than $\alpha$ = 0.05, we reject H₀, but jointly significant in explaining earnings.
B) P(F_1,19) $\ge$ 60.945, p-value is less than $\alpha$ = 0.05, we accept H₀, but jointly significant in explain earnings.
C) P(F_1,18) $\ge$ 57.737, p-value is less than $\alpha$ = 0.05, we accept H₀, but jointly significant in explaining earnings.
D) P(F_1,19) $\ge$ 60.945, p-value is less than $\alpha$ = 0.05, we reject H₀, jointly do not explain earnings.