Conduct a test to determine if the predictor variables are jointly significant in explaining Earnings at = 0.05.
A) P(F1,18) 57.737, p-value is less than = 0.05, we reject H0, but jointly significant in explaining earnings.
B) P(F1,19) 60.945, p-value is less than = 0.05, we accept H0, but jointly significant in explain earnings.
C) P(F1,18) 57.737, p-value is less than = 0.05, we accept H0, but jointly significant in explaining earnings.
D) P(F1,19) 60.945, p-value is less than = 0.05, we reject H0, jointly do not explain earnings.
Correct Answer:
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