A Manager at a Local Bank Analyzed the Relationship Between

Multiple Choice

A manager at a local bank analyzed the relationship between monthly salary (y,in $) and length of service (x,measured in months) for 30 employees.She estimates the following model: Salary = β₀ + β₁ Service + ε.The following table summarizes a portion of the regression results. Using the 95% confidence interval,what is the conclusion to the following hypothesis test: H₀:b₁ = 0;H_A: b₁ ≠ 0?

A) At the 5% significance level,reject H₀ and conclude that service is significant.
B) At the 5% significance level,do not reject H₀ and conclude that service is significant.
C) At the 5% significance level,reject H₀ and conclude that service is not significant.
D) At the 5% significance level,do not reject H₀ and conclude that service is not significant.