Hypothesized

Trace

0.05

No. of CE(s)

Eigenvalue

Statistic

Critical Value

Prob.**

None *

0.998475

193.4864

47.85613

0.0000

At most 1 *

0.969865

83.22893

29.79707

0.0000

At most 2 *

0.541835

23.69403

15.49471

0.0023

At most 3 *

0.458408

10.42510

3.841466

0.0012