Hypothesized

No. of CE (s)

Max-Eigen

Statistic

0.05

Critical Value

Probability

Value

None

126.1878

52.36261

0.0000

At most 1

88.18396

46.23142

0.0000

At most 2

83.99862

40.07757

0.0000

At most 3

71.30912

33.87687

0.0000

At most 4

29.58975

27.58434

0.0273

At most 5

18.17090

21.13162

0.1236

At most 6

11.15506

14.26460

0.1466

At most 7

0.000273

3.841466

0.9889