| Test | Chi2 | Prob > chi2 |
| Normality Test | 0.701 | 0.398 |
| Heteroskedasticity (ARDL) | 0.301 | 0.591 |
| Breusch Godfrey LM test | 0.748 | 0.371 |
| Breusch-Pagan | 2.843 | 0.197 |
| Ramsey RESET | 0.495 | 0.703 |