Hypothesized

No. of CE(s)

Eigenvalue

Trace

Statistic

0.05

Critical Value

Prob.

None

0.588369

33.26038

29.79707

0.0192**

At most 1

0.139898

4.856313

15.49471

0.8239

At most 2

0.001055

0.033784

3.841466

0.8541