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If the level of significance, alpha, is 0.05, based on the output shown, what is the correct interpretation of the overall Ftest? (Hint: Prob (F-statistic)
If the level of significance, alpha, is 0.05, based on the output shown, what is the correct interpretation of the overall Ftest? (Hint: Prob (F-statistic) is the P-value). Select one. A text version of this output is available. O Null Hypothesis HQ; 91:13:: 0 Alternative Hypothesis H]: At least one p, 34 0 for i=1,2 Pvalue = 332.2 Since the P-value is greater than the level of significance, alpha, reject the null hypothesis. Conclude that at least one beta value is non-zero. Therefore, the model is statistically significant. 0 Null Hypothesis 1:3,: [31:32: 0 Alternative Hypothesis 3,: At least one 5, a4 0 for i=1,2 Pvalue = 332.2 Since the P-value is greater than the level of significance, alpha, do not reject the null hypothesis. Conclude that all beta values are zero. Therefore, the model is not statistically significant. 0 Null Hypothesis Ha: [31:32: 0 Alternative Hypothesis 3,: At least one 5, a4 0 for i=1,2 P-value = 3.80e-13 Since the P-value is less than the level of significance, alpha. reject the null hypothesis. Conclude that at least one beta value is non-zero. Therefore, the model is statistically significant. 0 Null Hypothesis H9: |31=|32= 0 Alternative Hypothesis 3,: At least one It 34 O for i=1,2 P-value = 3.80e-13 Since the Pvalue is less than the level of significance, alpha, do not reject the null hypothesis. Conclude that all beta values are zero. Therefore, the model is not statisticallv significant
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