Method: ML - Censored Normal (TOBIT) (Quadratic hill climbing)
Date: 05/30/17 Time: 18:04 Sample: 1 90 Included observations: 90 Left censoring (value) at zero Convergence achieved after 4 iterations Covariance matrix computed using second derivatives
Variable Coefficient Std. Error z-Statistic Prob.
T_INCOME -9.62E-06 3.40E-06 -2.830130 0.0047
L_D 0.026928 0.002814 9.569848 0.0000 EXPERIENCE -0.011541 0.004768 -2.420306 0.0155 EDU -0.003358 0.005267 -0.637528 0.5238 AGE -0.001941 0.003316 -0.585457 0.5582 A_W_R 0.017062 0.011458 1.489152 0.1364 C 0.222864 0.146731 1.518856 0.1288
Error Distribution
SCALE:C(8) 0.098695 0.007356 13.41641 0.0000
Mean dependent var 0.383411 S.D. dependent var 0.202944
S.E. of regression 0.099675 Akaike info criterion -1.615793 Sum squared resid 0.814677 Schwarz criterion -1.393588 Log likelihood 80.71070 Hannan-Quinn criter. -1.526187 Avg. log likelihood 0.896786
Left censored obs 0 Right censored obs 0
Uncensored obs 90 Total obs 90 Dependent Variable: T_E Method: ML - Censored Normal (TOBIT) (Quadratic hill climbing) Date: 05/30/17 Time: 18:07 Sample: 1 90 Included observations: 90 Left censoring (value) at zero Convergence achieved after 3 iterations Covariance matrix computed using second derivatives
Variable Coefficient Std. Error z-Statistic Prob.
T_INCOME -2.71E-06 5.37E-07 -5.052891 0.0000
EXPERIENCE -0.005274 0.002458 -2.146075 0.0319 EDU 0.002432 0.003014 0.806867 0.4197 AGE -0.029714 0.001480 -20.07889 0.0000 A_W_R 0.002843 0.003805 0.747246 0.4549 C 1.484700 0.058419 25.41462 0.0000
Error Distribution
SCALE:C(7) 0.040207 0.002997 13.41675 0.0000
Mean dependent var 0.844133 S.D. dependent var 0.098105
S.E. of regression 0.041868 Akaike info criterion -3.433984 Sum squared resid 0.145496 Schwarz criterion -3.239555 Log likelihood 161.5293 Hannan-Quinn criter. -3.355579 Avg. log likelihood 1.794770