Null hypothesis

Alternate hypothesis

95%

critical value

90%

critical value

Trace value

r = 0

r > 0

35.38*

29.80

27.06

r ≤ 1

r >1

13.14

15.49

13.42

Max test

Max value

r = 0

r = 1

22.24*

21.13

18.90

r = 1

r = 2

10.91

14.26

12.30