Refer to Below Regression Results

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.