| Hypothesized No. of CE(s) |
Eigenvalue |
Trace Statistic |
0.05 Critical Value |
Prob.** |
| 1 |
None * |
0.372987 |
132.8604 |
125.6154 |
0.0168 |
| 2 |
At most 1 |
0.267307 |
87.58199 |
95.75366 |
0.1203 |
| 3 |
At most 2 |
0.207240 |
57.41228 |
69.81889 |
0.1972 |
| 4 |
At most 3 |
0.159539 |
34.88553 |
47.85613 |
0.3962 |
| 5 |
At most 4 |
0.093466 |
18.02648 |
29.79707 |
0.7704 |
| 6 |
At most 5 |
0.058649 |
8.508176 |
15.49471 |
0.4154 |
|