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Explain what is tested by the hypothesis test in equation

Explain what is tested by the hypothesis test in equation. What conclusion should be reached if the null hypothesis is not rejected? What conclusion should be reached if the null hypothesis is rejected?

H0: β1 = β2 = β3 = . . . . = βk = 0

H1: Not all the βi (i = 1, . . . , k) are zero

H0: β1 = β2 = β3 = . . . . = βk = 0

H1: Not all the βi (i = 1, . . . , k) are zero

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