Hypothesized

No. of CE(s)

Eigenvalue

Trace

Statistics

0.05

Critical value

Prob***

None*

0.988484

80.35194

38.33101

0.0000

At most 1*

0.964485

60.08022

32.11832

0.0000

At most 2*

0.656337

19.22570

25.82321

0.2903

At most 3*

0.537682

13.88706

19.38704

0.2618

At most 4*

0.502137

12.55374

12.51798

0.0493