Variable

Coefficient

Std.Error

z-Statistic

Prob.

X11

−0.1499

0.0144

−10.4097

0.0000

X12

0.3952

0.0610

6.4787

0.0000

X2

0.0953

0.0150

6.3533

0.0000

X31

0.4851

0.1280

3.7898

0.0000

X32

1.5790

0.1052

15.0095

0.0000

X41

−0.3381

0.0211

−16.0237

0.0000

X43

−0.0160

0.0055

−2.9091

0.0009

McFadden R-squared

0.3329

Mean dependent Var

0.6994

Schwarz Criterion

0.7162

Log likelihood

−22,536.0900

Hannan-Quinn Criter

0.8742

Restr.Log likelihood

−36,785.66

LR statistic

24,328.33

Prob(LR statistic)

0.0000