The Accompanying Table Shows the Regression Results When Estimating Y

Multiple Choice

The accompanying table shows the regression results when estimating y = β₀ + β₁x + ε. Is x significantly related to y at the 5% significance level?

A) Yes, because the p-value of 0.0745 is greater than 0.05.
B) No, because the p-value of 0.0745 is greater than 0.05.
C) Yes, because the slope coefficient of 1.417 is less than the test statistic of 2.25.
D) No, because the slope coefficient of 1.417 is less than the test statistic of 2.25.