The Accompanying Table Shows the Regression Results When Estimating Y

Multiple Choice

The accompanying table shows the regression results when estimating y = β₀ + β₁x₁ + β₂x₂ + β₃x₃ + ε. When testing whether the explanatory variables are jointly significant at the 5% significance level, the conclusion is to ________.

A) reject H₀, and conclude that the explanatory variables are jointly significant
B) not reject H₀, and conclude that the explanatory variables are jointly significant
C) reject H₀, and cannot conclude that the explanatory variables are jointly significant
D) not reject H₀, and cannot conclude that the explanatory variables are jointly significant