Hypothesis No of CE(S)

Eigenvalue

Max-Eigen Statistics

5% Critical Value

Prob**

None*

0.932780

70.19424**

33.87687

0.0000

At most 1

0.608130

24.35748*

27.58434

0.1227

At most 2*

0.560634

21.38296**

21.13162

0.0461