Refer to the Portion of Regression Results in the Accompanying

Multiple Choice

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_{0.05, (2.20)} = 3.49,the decision 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 conclude that the explanatory variables are not jointly significant.
D) not reject H₀ and conclude that the explanatory variables are not jointly significant.