Multiple Choice
When estimating y = β0 + β1x1 + β2x2 + β3x3 + ε,you wish to test H0: β1 = β2 = 0 versus HA: At least one βi = 0.The value of the test statistic is F(2,20) = 2.50 and its associated p-value is 0.1073.At the 5% significance level,the conclusion is to ____________________________________________________________.
A) reject the null hypothesis and conclude that x1 and x2 are jointly significant
B) reject the null hypothesis and conclude that x1 and x2 are not jointly significant
C) not reject the null hypothesis and conclude that x1 and x2 are jointly significant
D) not reject the null hypothesis and conclude that x1 and x2 are not jointly significant
Correct Answer:

Verified
Correct Answer:
Verified
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