Simple Linear Regression – Null Hypothesis

Sir,
As per the lecture, following image shows the result of OLS.

<img src="https://ibb.co/fk0QXbc" >

Hypothesis:
Ho: b1 = 0    i.e. Coeff of SAT = 0
Ha: b1 ≠ 0
P-Value for SAT = 0.000 < Significance Level (Suppose α = 0.05)
The Coeff b1 is not 0 and P-Value (0.000) is less than < α = 0.05. Therefore, we will reject Ho.
This means that SAT is a significant variable to predict GPA. There is not enough evidence to support Null Hypothesis, thus rejected.

Am I interpreting it correctly?
Regards,
Nikita