Question: Please answer the following question : Conduct a test to determine if the predictor variables are jointly significant in explaining Earnings at a = 0.05.
Please answer the following question :
Conduct a test to determine if the predictor variables are jointly significant in explaining Earnings at a = 0.05. Significance ANOVA df SS MS F F Regression 1 44, 896, 924. 00 44, 896, 924. 00 74. 608 0. 000 Residual 18 10, 831, 853. 99 601, 769. 666 Total 19 214, 748, 332.20 Multiple Choice P(F(1,18) 2 74.608), p-value is less than a = 0.05, we reject Ho, and the predictor variables are jointly significant in explaining earnings. O P(F(1,19) 2 82.818), p-value is less than a = 0.05, we accept Ho, and the predictor variables do not jointly explain earnings. O P(F(1,18) 2 74.608), p-value is less than a = 0.05, we accept Ho, and the predictor variables are jointly significant in explaining earnings. P(F(1,19) 2 82.818), p-value is less than a = 0.05, we reject Ho, and the predictor variables jointly do not explain earningsStep by Step Solution
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