Hypothesized

Trace

0.05

No. of CE(s)

Eigenvalue

Statistic

Critical Value

Prob.**

None*

0.613780

49.10041

29.79707

0.0001

At most 1*

0.509423

23.41399

15.49471

0.0026

At most 2*

0.143596

4.185339

3.841466

0.0408