Ｆ検定、尤度比検定、ワルド検定、ＬＭ検定（アウトプット）
Current sample: 1 to 145
Equation 1
============
Method of estimation = Ordinary Least Squares
Dependent variable: LTC
Current sample: 1 to 145
Number of observations: 145
Mean of dep. var. = 1.72466 LM het. test = 1.01715 [.313]
Std. dev. of dep. var. = 1.42172 Durbin-Watson = 1.01306 [<.000]
Sum of squared residuals = 21.5520 Jarque-Bera test = 175.700 [.000]
Variance of residuals = .153943 Ramsey's RESET2 = 95.8443 [.000]
Std. error of regression = .392356 F (zero slopes) = 437.686 [.000]
R-squared = .925955 Schwarz B.I.C. = 79.9837
Adjusted R-squared = .923840 Log likelihood = -67.5419
Estimated Standard
Variable Coefficient Error t-statistic P-value
C -3.52650 1.77437 -1.98747 [.049]
LQ .720394 .017466 41.2445 [.000]
LPL .436341 .291048 1.49921 [.136]
LPK -.219888 .339429 -.647819 [.518]
LPF .426517 .100369 4.24948 [.000]
Equation 2
============
Method of estimation = Ordinary Least Squares
Dependent variable: LTCPF
Current sample: 1 to 145
Number of observations: 145
Mean of dep. var. = -1.48420 LM het. test = 55.7701 [.000]
Std. dev. of dep. var. = 1.48209 Durbin-Watson = 1.01537 [<.000]
Sum of squared residuals = 21.6403 Jarque-Bera test = 166.633 [.000]
Variance of residuals = .153477 Ramsey's RESET2 = 94.8014 [.000]
Std. error of regression = .391762 F (zero slopes) = 639.980 [.000]
R-squared = .931585 Schwarz B.I.C. = 77.7918
Adjusted R-squared = .930129 Log likelihood = -67.8384
Estimated Standard
Variable Coefficient Error t-statistic P-value
C -4.69079 .884871 -5.30110 [.000]
LQ .720688 .017436 41.3340 [.000]
LPLPF .592910 .204572 2.89829 [.004]
LPKPF -.738106E-02 .190736 -.038698 [.969]
SSR_U SSR_R M NOBS
Value 21.55201 21.64032 1.00000 145.00000
K FSTAT
Value 5.00000 0.57366
F TEST
======
F(1,140) Test Statistic: 0.5736604, Upper tail area: .45008
LR TEST
=======
CHISQ(1) Test Statistic: 0.5929343, Upper tail area: .44129
WALD TEST (USING Maximum Likelihood Estimator FOR SIGMA^2)
==========================================================
CHISQ(1) Test Statistic: 0.5941483, Upper tail area: .44082
WALD TEST (USING Least Square Estimator FOR SIGMA^2)
====================================================
CHISQ(1) Test Statistic: 0.5736604, Upper tail area: .44881
LM TEST
=======
CHISQ(1) Test Statistic: 0.5917236, Upper tail area: .44175
Equation 3
============
Method of estimation = Ordinary Least Squares
Dependent variable: LTC
Current sample: 1 to 145
Number of observations: 145
Mean of dep. var. = 1.72466 LM het. test = 1.01715 [.313]
Std. dev. of dep. var. = 1.42172 Durbin-Watson = 1.01306 [<.000]
Sum of squared residuals = 21.5520 Jarque-Bera test = 175.700 [.000]
Variance of residuals = .153943 Ramsey's RESET2 = 95.8443 [.000]
Std. error of regression = .392356 F (zero slopes) = 437.686 [.000]
R-squared = .925955 Schwarz B.I.C. = 79.9837
Adjusted R-squared = .923840 Log likelihood = -67.5419
Estimated Standard
Variable Coefficient Error t-statistic P-value
C -3.52650 1.77437 -1.98747 [.049]
LQ .720394 .017466 41.2445 [.000]
LPL .436341 .291048 1.49921 [.136]
LPK -.219888 .339429 -.647819 [.518]
LPF .426517 .100369 4.24948 [.000]
F TEST USING ANALYZ
===================
Results of Parameter Analysis
=============================
Standard
Parameter Estimate Error t-statistic P-value
EQ1 -.357030 .471387 -.757404 [.449]
Wald Test for the Hypothesis that the given set of Parameters are jointly zero:
CHISQ(1) = 0.57366039 ; P-value = 0.44881
F Test for the Hypothesis that the given set of Parameters are jointly zero:
F(1,140) = 0.57366039 ; P-value = 0.45008
Constrained original coefficients
=================================
Estimated Standard
Variable Coefficient Error t-statistic P-value
C -4.69079 .884871 -5.30110 [.000]
LQ .720688 .017436 41.3340 [.000]
LPL .592910 .204572 2.89829 [.004]
LPK -.738106E-02 .190736 -.038698 [.969]
LPF .414471 .098951 4.18864 [.000]
UNCONSTRAINED ML ESTIMATION
===========================
MAXIMUM LIKELIHOOD ESTIMATION
=============================
EQUATION: EQ_U
CONSTANTS:
PI
VALUE 3.14159
Working space used: 1945
STARTING VALUES
S2 B1 B2 B3
VALUE 0.15394 -3.52650 0.72039 0.43634
B4 B5
VALUE -0.21989 0.42652
F= 67.586 FNEW= 67.561 ISQZ= 0 STEP= 1.0000 CRIT= 0.56210E-01
F= 67.561 FNEW= 67.558 ISQZ= 1 STEP= 0.50000 CRIT= 0.52660E-01
F= 67.558 FNEW= 67.556 ISQZ= 1 STEP= 0.50000 CRIT= 0.45786E-01
F= 67.556 FNEW= 67.554 ISQZ= 1 STEP= 0.50000 CRIT= 0.42216E-01
F= 67.554 FNEW= 67.553 ISQZ= 1 STEP= 0.50000 CRIT= 0.37465E-01
F= 67.553 FNEW= 67.551 ISQZ= 1 STEP= 0.50000 CRIT= 0.34403E-01
F= 67.551 FNEW= 67.550 ISQZ= 1 STEP= 0.50000 CRIT= 0.30495E-01
F= 67.550 FNEW= 67.549 ISQZ= 1 STEP= 0.50000 CRIT= 0.27895E-01
F= 67.549 FNEW= 67.548 ISQZ= 1 STEP= 0.50000 CRIT= 0.24716E-01
F= 67.548 FNEW= 67.547 ISQZ= 1 STEP= 0.50000 CRIT= 0.22538E-01
F= 67.547 FNEW= 67.547 ISQZ= 1 STEP= 0.50000 CRIT= 0.19969E-01
F= 67.547 FNEW= 67.546 ISQZ= 1 STEP= 0.50000 CRIT= 0.18162E-01
F= 67.546 FNEW= 67.545 ISQZ= 1 STEP= 0.50000 CRIT= 0.16094E-01
F= 67.545 FNEW= 67.545 ISQZ= 1 STEP= 0.50000 CRIT= 0.14604E-01
F= 67.545 FNEW= 67.545 ISQZ= 1 STEP= 0.50000 CRIT= 0.12945E-01
F= 67.545 FNEW= 67.544 ISQZ= 1 STEP= 0.50000 CRIT= 0.11722E-01
F= 67.544 FNEW= 67.544 ISQZ= 1 STEP= 0.50000 CRIT= 0.10393E-01
F= 67.544 FNEW= 67.544 ISQZ= 1 STEP= 0.50000 CRIT= 0.93937E-02
F= 67.544 FNEW= 67.543 ISQZ= 1 STEP= 0.50000 CRIT= 0.83313E-02
F= 67.543 FNEW= 67.543 ISQZ= 1 STEP= 0.50000 CRIT= 0.75181E-02
F= 67.543 FNEW= 67.543 ISQZ= 1 STEP= 0.50000 CRIT= 0.66699E-02
F= 67.543 FNEW= 67.543 ISQZ= 1 STEP= 0.50000 CRIT= 0.60101E-02
F= 67.543 FNEW= 67.543 ISQZ= 1 STEP= 0.50000 CRIT= 0.53337E-02
F= 67.543 FNEW= 67.543 ISQZ= 1 STEP= 0.50000 CRIT= 0.47999E-02
F= 67.543 FNEW= 67.543 ISQZ= 1 STEP= 0.50000 CRIT= 0.42609E-02
F= 67.543 FNEW= 67.543 ISQZ= 1 STEP= 0.50000 CRIT= 0.38302E-02
F= 67.543 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.34011E-02
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.30541E-02
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.27127E-02
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.24339E-02
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.21624E-02
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.19385E-02
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.17227E-02
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.15433E-02
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.13719E-02
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.12283E-02
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.10920E-02
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.97719E-03
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.86899E-03
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.77724E-03
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.69131E-03
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.61806E-03
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.54984E-03
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.49140E-03
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.43723E-03
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.39063E-03
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.34762E-03
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.31049E-03
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.27634E-03
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.24676E-03
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.21965E-03
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.19610E-03
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.17458E-03
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.15583E-03
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.13874E-03
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.12382E-03
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.11025E-03
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.98379E-04
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.87609E-04
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.78164E-04
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.69614E-04
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.62101E-04
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.55312E-04
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.49338E-04
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.43948E-04
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.39198E-04
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.34917E-04
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.31141E-04
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.27742E-04
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.24740E-04
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.22041E-04
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.19655E-04
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.17511E-04
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.15615E-04
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.13912E-04
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.12405E-04
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.11053E-04
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.98550E-05
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.87813E-05
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.78292E-05
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.69765E-05
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.62199E-05
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.55426E-05
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.49414E-05
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.44034E-05
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.39257E-05
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.34984E-05
F= 67.542 FNEW= 67.542 ISQZ= 1 STEP= 0.50000 CRIT= 0.31187E-05
CONVERGENCE ACHIEVED AFTER 88 ITERATIONS
262 FUNCTION EVALUATIONS.
Number of observations = 145 Log likelihood = -67.5419
Schwarz B.I.C. = 82.4721
Standard
Parameter Estimate Error t-statistic P-value
S2 .148634 .013612 10.9191 [.000]
B1 -3.52670 1.87394 -1.88197 [.060]
B2 .720390 .014228 50.6312 [.000]
B3 .436453 .384251 1.13585 [.256]
B4 -.219888 .356730 -.616398 [.538]
B5 .426556 .142770 2.98771 [.003]
Standard Errors computed from covariance of analytic first derivatives
(BHHH)
CONSTRAINED ML ESTIMATION: B3+B4+B5=1
=====================================
MAXIMUM LIKELIHOOD ESTIMATION
=============================
EQUATION: EQ_R
CONSTANTS:
PI
VALUE 3.14159
Working space used: 1909
STARTING VALUES
S2 B1 B2 B3 B4
VALUE 0.14863 -3.52670 0.72039 0.43645 -0.21989
*** WARNING in line 55 Procedure ML: Numeric warning (result set to
missing) in operation LOG . Argument value ====> -0.0096452
IN OBSERVATION 1 COMPUTING LOG LIKELIHOOD.
F= 715.15 FNEW= 242.36 ISQZ= 3 STEP= 4.0000 CRIT= 136.96
F= 242.36 FNEW= 147.94 ISQZ= 2 STEP= 2.0000 CRIT= 75.964
F= 147.94 FNEW= 85.810 ISQZ= 3 STEP= 4.0000 CRIT= 34.979
F= 85.810 FNEW= 73.415 ISQZ= 2 STEP= 2.0000 CRIT= 13.882
F= 73.415 FNEW= 70.004 ISQZ= 1 STEP= 1.0000 CRIT= 10.875
F= 70.004 FNEW= 68.667 ISQZ= 1 STEP= 0.50000 CRIT= 5.5237
F= 68.667 FNEW= 68.315 ISQZ= 1 STEP= 1.0000 CRIT= 0.81140
F= 68.315 FNEW= 68.158 ISQZ= 1 STEP= 0.50000 CRIT= 0.78476
F= 68.158 FNEW= 68.117 ISQZ= 1 STEP= 1.0000 CRIT= 0.25100
F= 68.117 FNEW= 68.021 ISQZ= 1 STEP= 0.50000 CRIT= 0.56042
F= 68.021 FNEW= 67.978 ISQZ= 1 STEP= 0.50000 CRIT= 0.17363
F= 67.978 FNEW= 67.947 ISQZ= 1 STEP= 1.0000 CRIT= 0.71463E-01
F= 67.947 FNEW= 67.919 ISQZ= 1 STEP= 0.50000 CRIT= 0.12488
F= 67.919 FNEW= 67.904 ISQZ= 1 STEP= 1.0000 CRIT= 0.45453E-01
F= 67.904 FNEW= 67.886 ISQZ= 1 STEP= 0.50000 CRIT= 0.90058E-01
F= 67.886 FNEW= 67.879 ISQZ= 1 STEP= 1.0000 CRIT= 0.29527E-01
F= 67.879 FNEW= 67.866 ISQZ= 1 STEP= 0.50000 CRIT= 0.64326E-01
F= 67.866 FNEW= 67.864 ISQZ= 1 STEP= 1.0000 CRIT= 0.19398E-01
F= 67.864 FNEW= 67.855 ISQZ= 1 STEP= 0.50000 CRIT= 0.45459E-01
F= 67.855 FNEW= 67.854 ISQZ= 1 STEP= 1.0000 CRIT= 0.12823E-01
F= 67.854 FNEW= 67.848 ISQZ= 1 STEP= 0.50000 CRIT= 0.31817E-01
F= 67.848 FNEW= 67.848 ISQZ= 1 STEP= 1.0000 CRIT= 0.85041E-02
F= 67.848 FNEW= 67.844 ISQZ= 1 STEP= 0.50000 CRIT= 0.22091E-01
F= 67.844 FNEW= 67.843 ISQZ= 1 STEP= 0.50000 CRIT= 0.56503E-02
F= 67.843 FNEW= 67.842 ISQZ= 1 STEP= 1.0000 CRIT= 0.22610E-02
F= 67.842 FNEW= 67.841 ISQZ= 1 STEP= 0.50000 CRIT= 0.38390E-02
F= 67.841 FNEW= 67.841 ISQZ= 1 STEP= 1.0000 CRIT= 0.14358E-02
F= 67.841 FNEW= 67.840 ISQZ= 1 STEP= 0.50000 CRIT= 0.26047E-02
F= 67.840 FNEW= 67.840 ISQZ= 1 STEP= 1.0000 CRIT= 0.91634E-03
F= 67.840 FNEW= 67.839 ISQZ= 1 STEP= 0.50000 CRIT= 0.17646E-02
F= 67.839 FNEW= 67.839 ISQZ= 1 STEP= 1.0000 CRIT= 0.58725E-03
F= 67.839 FNEW= 67.839 ISQZ= 1 STEP= 0.50000 CRIT= 0.11937E-02
F= 67.839 FNEW= 67.839 ISQZ= 1 STEP= 1.0000 CRIT= 0.37775E-03
F= 67.839 FNEW= 67.839 ISQZ= 1 STEP= 0.50000 CRIT= 0.80663E-03
F= 67.839 FNEW= 67.839 ISQZ= 1 STEP= 1.0000 CRIT= 0.24382E-03
F= 67.839 FNEW= 67.839 ISQZ= 1 STEP= 0.50000 CRIT= 0.54457E-03
F= 67.839 FNEW= 67.839 ISQZ= 1 STEP= 1.0000 CRIT= 0.15787E-03
F= 67.839 FNEW= 67.838 ISQZ= 1 STEP= 0.50000 CRIT= 0.36742E-03
F= 67.838 FNEW= 67.838 ISQZ= 1 STEP= 1.0000 CRIT= 0.10253E-03
F= 67.838 FNEW= 67.838 ISQZ= 1 STEP= 0.50000 CRIT= 0.24780E-03
F= 67.838 FNEW= 67.838 ISQZ= 1 STEP= 1.0000 CRIT= 0.66783E-04
F= 67.838 FNEW= 67.838 ISQZ= 1 STEP= 0.50000 CRIT= 0.16709E-03
F= 67.838 FNEW= 67.838 ISQZ= 1 STEP= 1.0000 CRIT= 0.43620E-04
F= 67.838 FNEW= 67.838 ISQZ= 1 STEP= 0.50000 CRIT= 0.11267E-03
F= 67.838 FNEW= 67.838 ISQZ= 1 STEP= 0.50000 CRIT= 0.28568E-04
F= 67.838 FNEW= 67.838 ISQZ= 1 STEP= 1.0000 CRIT= 0.11277E-04
F= 67.838 FNEW= 67.838 ISQZ= 1 STEP= 0.50000 CRIT= 0.18741E-04
F= 67.838 FNEW= 67.838 ISQZ= 1 STEP= 1.0000 CRIT= 0.70831E-05
F= 67.838 FNEW= 67.838 ISQZ= 1 STEP= 0.50000 CRIT= 0.12326E-04
F= 67.838 FNEW= 67.838 ISQZ= 1 STEP= 1.0000 CRIT= 0.44638E-05
F= 67.838 FNEW= 67.838 ISQZ= 1 STEP= 0.50000 CRIT= 0.81269E-05
F= 67.838 FNEW= 67.838 ISQZ= 1 STEP= 1.0000 CRIT= 0.28228E-05
F= 67.838 FNEW= 67.838 ISQZ= 1 STEP= 0.50000 CRIT= 0.53709E-05
F= 67.838 FNEW= 67.838 ISQZ= 1 STEP= 1.0000 CRIT= 0.17913E-05
F= 67.838 FNEW= 67.838 ISQZ= 1 STEP= 0.50000 CRIT= 0.35575E-05
F= 67.838 FNEW= 67.838 ISQZ= 1 STEP= 1.0000 CRIT= 0.11407E-05
F= 67.838 FNEW= 67.838 ISQZ= 1 STEP= 0.50000 CRIT= 0.23612E-05
F= 67.838 FNEW= 67.838 ISQZ= 1 STEP= 1.0000 CRIT= 0.72895E-06
F= 67.838 FNEW= 67.838 ISQZ= 1 STEP= 0.50000 CRIT= 0.15703E-05
F= 67.838 FNEW= 67.838 ISQZ= 1 STEP= 1.0000 CRIT= 0.46748E-06
F= 67.838 FNEW= 67.838 ISQZ= 1 STEP= 0.50000 CRIT= 0.10462E-05
F= 67.838 FNEW= 67.838 ISQZ= 1 STEP= 1.0000 CRIT= 0.30085E-06
F= 67.838 FNEW= 67.838 ISQZ= 1 STEP= 0.50000 CRIT= 0.69817E-06
F= 67.838 FNEW= 67.838 ISQZ= 1 STEP= 1.0000 CRIT= 0.19428E-06
F= 67.838 FNEW= 67.838 ISQZ= 1 STEP= 0.50000 CRIT= 0.46665E-06
F= 67.838 FNEW= 67.838 ISQZ= 1 STEP= 1.0000 CRIT= 0.12588E-06
F= 67.838 FNEW= 67.838 ISQZ= 1 STEP= 0.50000 CRIT= 0.31235E-06
F= 67.838 FNEW= 67.838 ISQZ= 1 STEP= 1.0000 CRIT= 0.81832E-07
F= 67.838 FNEW= 67.838 ISQZ= 1 STEP= 0.50000 CRIT= 0.20934E-06
F= 67.838 FNEW= 67.838 ISQZ= 1 STEP= 0.50000 CRIT= 0.53366E-07
F= 67.838 FNEW= 67.838 ISQZ= 1 STEP= 1.0000 CRIT= 0.21371E-07
CONVERGENCE ACHIEVED AFTER 71 ITERATIONS
253 FUNCTION EVALUATIONS.
Number of observations = 145 Log likelihood = -67.8383
Schwarz B.I.C. = 80.2802
Standard
Parameter Estimate Error t-statistic P-value
S2 .149247 .013616 10.9610 [.000]
B1 -4.69077 1.10595 -4.24141 [.000]
B2 .720685 .014314 50.3474 [.000]
B3 .592910 .252218 2.35079 [.019]
B4 -.737737E-02 .257035 -.028702 [.977]
Standard Errors computed from covariance of analytic first derivatives
(BHHH)
LR TEST AFTER ML ESTIMATION
===========================
CHISQ(1) Test Statistic: 0.5929335, Upper tail area: .44129
*******************************************************************************