Null Hypothesis | Trace Statistic | 0.05 Critical Value | Max-Eigen Statistic | 0.05 Critical Value |
Ho: r = 0 | 185.987*** | 159.530 | 78.023*** | 52.363 |
Ho: r ≤ 1 | 107.964 | 125.615 | 41.367 | 46.231 |
Ho: r ≤ 2 | 66.597 | 95.754 | 28.303 | 40.078 |
Ho: r ≤ 3 | 38.294 | 69.819 | 18.084 | 33.877 |
Ho: r ≤ 4 | 20.210 | 47.856 | 11.895 | 27.584 |
Ho: r ≤ 5 | 8.315 | 29.797 | 4.821 | 21.132 |
Ho: r ≤ 6 | 3.494 | 15.495 | 3.484 | 14.265 |
Ho: r ≤ 7 | 0.010 | 3.841 | 0.010 | 3.841 |