Variable

Coefficient

Std.Error

z-Statistic

Prob.

X11

−0.1411

0.0322

−4.3820

0.0000

X12

0.3644

0.0334

10.9102

0.0000

X2

−0.0851

0.2456

−0.3465

0.6862

X31

−0.3198

0.1541

−2.0753

0.0576

X32

−1.1735

0.1240

−9.4637

0.0000

X41

−0.2299

0.0677

−3.3959

0.0035

X42

−0.0148

0.0099

−1.4949

0.0162

X43

−8.5750

1.0156

−8.4433

0.0000

McFadden R-squared

0.3687

Mean dependent Var

0.663389

Schwarz Criterion

0.8123

Log likelihood

−23,988.0900

Hannan-Quinn Criter

0.8298

Restr.Log likelihood

−25,466.2800

LR statistic

26343.6

Prob(LR statistic)

0.0000