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Refer to the Portion of Regression Results in the Accompanying

Question 9

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Refer to the portion of regression results in the accompanying table. Refer to the portion of regression results in the accompanying table.   When testing the overall significance of the regression model at the 5% level given a critical value of F<sub>0.05,(2,20) </sub> = 3.49, the decision is to ________. A)  reject H<sub>0</sub>; we can conclude that the explanatory variables are jointly significant. B)  not reject H<sub>0</sub>; we can conclude that the explanatory variables are jointly significant. C)  reject H<sub>0</sub>; we cannot conclude that the explanatory variables are jointly significant. D)  not reject H<sub>0</sub>; we cannot conclude the explanatory variables are jointly significant. When testing the overall significance of the regression model at the 5% level given a critical value of F0.05,(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.

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