Hypothesized | Eigenvalue | Trace | 0.05 | Prob.** |
No. of CE(s) | Statistic | Critical Value | ||
None * | 0.9225 | 83.3306 | 63.8761 | 0.0005 |
At most 1 | 0.6185 | 37.3048 | 42.9152 | 0.1626 |
At most 2 | 0.4722 | 19.9577 | 25.8721 | 0.2281 |
At most 3 | 0.3748 | 8.4553 | 12.5180 | 0.2167 |