Reject H0 and conclude that the explanatory variables are jo

Reject H₀ and conclude that the explanatory variables are jointly significant.

Do not reject H₀ and conclude that the explanatory variables are jointly significant.

Reject H₀ and conclude that the explanatory variables are not jointly significant.

Do not reject H₀ and conclude that the explanatory variables are not jointly significant.

Solution

As the calculatd F statistic=.0028 is less than the .05 significance level of .05 which is 3.49,therefore the null hypothesis will be rejected.

Thus we should accept the alternative hypothesis and conclude that the explanatory variable are not jointly significant

answer is option C