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