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Brigham, Eugene. F and Houston, Joel. F. 2010. Dasar-Dasar Manajemen
Keuangan. Edisi 11. Buku 1. Salemba Empat. Jakarta.
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Banking Research Vol. 1. No. 1.
Carter, Richard & Steven Manaster. 1990. Initial Public Offerings and
Underwriter Reputation. Journal of Finance. Vol. XLV. No.4. September.
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April 2010.
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Kusuma, Hadri. 2001. PROSPEKTUS PERUSAHAAN DAN KEPUTUSAN
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ISSN : 0853 7665.
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Fenomena Underpricing pada Penawaran Saham Perdana di BEJ tahun
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2005.
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Economics 15 (1986) 187-212, North Holland.
Ritter, Jay R. 1991 . The Long Run Performance of Initial Public Offerings. The
Journal of Finance. Vol.XLVI . No.1 . March.
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Over Time?. Financial Management Autumn 2004 pages 5 37.
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Trisnaningsih, Sri. 2005. Analisis Faktor-Faktor Yang Mempengaruhi Tingkat

Underpricing Pada Perusahaan Yang Go Public di Bursa Efek Jakarta.
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Veteran (UPN) Veteran Surabaya. 195-210.
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Proceed terhedap initial retunr (Studi Terhadap Perusahaan Non Keuangan
yang Melakukan IPO di Bursa Efek Indonesia Periode Tahun 200-2006).
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www.duniainvestasi.com
Yohanes, dkk. (2004). Analisis Perbedaan Kinerja Saham Jangka Pendek dan
Jangka Panjang Pada Perusahaan Yang Melakukan Initial Public Offering
(IPO) di Pasar Modal Indonesia. Jurnal Bisnis dan Ekonomi. Vol. 11. No.
1. Hal. 80-94.

60

Lampiran 1. Data Perusahaan yang melakukan IPO

No

Kode

Nama

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37

BAEK
BAPA
TRIL
ELSA
YPAS
BTPN
KOIN
GZCO
TPIA
BSDE
INDY
VRNA
PDES
KBRI
ADRO
HOME
BYAN
TRAM
SIAP
AMRT
TRIO
BPFI
INVS
GTBO
MPKI
RINA
BWPT
DSSA
BCIP
NIKL
BBTN
GDST
PTPP
BIPI
TOWR
ROTI
GOLD

Bank ekonomi Raharja Tbk

Bekasi Asri Pemula Tbk
Triwira Insan Lestari Tbk
Elnusa Tbk
Yanaprima Hastapersada Tbk
Bank Tabungan Pensiunan Nasional Tbk
Kokoh Inti Arebama Tbk
Gozco Plantations Tbk
Tri Polyta Indonesia Tbk
Bumi Serpong Damai Tbk
Indika Energy Tbk
Verena Multi Finance Tbk
Destinasi Tirta Nusantara Tbk
Kertas Basuki Rachmat Indonesia Tbk
Aadaro Energy Tbk
Hotel Mandarine Regency Tbk
Bayan Resources Tbk
Trada Maritime Tbk
Sekawan Intipratama Tbk
Sumber Alfaria Trijaya Tbk
Trikomsel Oke Tbk
Batavia Prosperindo Finance Tbk Tbk
Inovisi Infracom Tbk
Garda Tujuh Buana Tbk
Metropolitan Kentjana Tbk
Katarina Utama Tbk
BW Plantation Tbk
Dian Swastatika Sentosa Tbk
Bumi Citra Permai Tbk
Pelat Timah Nusantara Tbk
Bank Tabungan Negara (Persero) Tbk
Gunawan Dianjaya Steel Tbk
Pembangunan Perumahan (Persero) Tbk
Benakat Petroleum Energy Tbk
Sarana Menara Nusantara Tbk
Nippon Indosari Corpindo Tbk
Golden Retailindo Tbk

Tanggal
Pencatatan
08-Jan-08
14-Jan-08
28-Jan-08
06-Feb-08
05-Mar-08
12-Mar-08
09-Apr-08
15-Mei-08
26-Mei-08
06-Jun-08
11-Jun-08
25-Jun-08
08-Jul-08
11-Jul-08
16-Jul-08
17-Jul-08
12-Agust-08
10-Sep-08
17-Okt-08
15-Jan-09
14-Apr-09
01-Jun-09
03-Jul-09
09-Jul-09
10-Jul-09
14-Jul-09
27-Okt-09
10-Des-09
11-Des-09
14-Des-09
17-Des-09
23-Des-09
09-Feb-10
11-Feb-10
08-Mar-10
28-Jun-10
07-Jul-10

61

38

SKYB

39

BJBR

40
41
42
43
44
45
46
47
48
49
50
51
52
53

IPOL
GREN
BUVA
BRAU
HRUM
ICBP
TBIG
KRAS
APLN
BORN
WINS
MIDI
BRMS
BSIM

Skybee Tbk
Bank Pembangunan Daerah Jawa Barat
dan Banten Tbk
Indopoly Swakarsa Industry Tbk
Evergreen Invesco Tbk
PT Bukit Uluwatu Villa Tbk
Berau Coal Energy Tbk
Harum Energy Tbk
Indofood CBP Sukses Makmur Tbk
PT Tower Bersama Infrastructure Tbk
Krakatau Steel (Persero) Tbk
Agung Podomoro Land Tbk
Borneo Lumbung Energi & Metal Tbk
Wintermar Offshore Marine Tbk
Midi Utama Indonesia Tbk
Bumi Resources Minerals Tbk
Bank Sinarmas Tbk

07-Jul-10
08-Jul-10
09-Jul-10
09-Jul-10
12-Jul-10
19-Agust-10
06-Okt-10
07-Okt-10
26-Okt-10
10-Nop-10
11-Nop-10
26-Nop-10
29-Nop-10
30-Nop-10
09-Des-10
13-Des-10

62

Lampiran 2. Tabulasi Tingkat Underpricing

No KODE
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32

BAEK
BAPA
TRIL
ELSA
YPAS
BTPN
KOIN
GZCO
TPIA
BSDE
INDY
VRNA
PDES
KBRI
ADRO
HOME
BYAN
TRAM
SIAP
AMRT
TRIO
BPFI
INVS
GTBO
MPKI
RINA
BWPT
DSSA
BCIP
NIKL
BBTN
GDST

Open
price
(Rp)
1080
150
400
400
545
517
178
225
2200
550
2950
100
200
260
1100
110
5800
125
150
395
225
110
125
115
2100
160
550
1500
110
325
800
160

Close
price
(Rp)
1320
255
680
515
640
503
197
275
2850
520
3425
82
340
726
1750
183
5450
159
159
395
230
121
60
105
2750
155
570
2250
173
300
840
131

Change
Keterangan
(Rp)
-240
-105
-280
-115
-95
14
-19
-50
-650
30
-475
18
-140
-466
-650
-73
350
-34
-9
0
-5
-11
65
10
-650
5
-20
-750
-63
25
-40
29

UP
UP
UP
UP
UP
Over Price
UP
UP
UP
Over Price
UP
Over Price
UP
UP
UP
UP
Over Price
UP
UP
Fair Price
UP
UP
Over Price
Over Price
UP
Over Price
UP
UP
UP
Over Price
UP
Over Price

Tingkat
underpricing
(x)
0,22
0,70
0,70
0,29
0,17
0,11
0,22
0,30
0,16
0,70
1,79
0,59
0,66
0,27
0,06
0,02
0,10

0,31
0,04
0,50
0,57
0,05

63

33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53

PTPP
BIPI
TOWR
ROTI
GOLD
SKYB
BJBR
IPOL
GREN
BUVA
BRAU
HRUM
ICBP
TBIG
KRAS
APLN
BORN
WINS
MIDI
BRMS
BSIM

Keterangan :
UP = Underpricing

560
140
1050
1275
350
375
600
210
105
260
400
5200
5395
2025
850
365
1170
380
275
635
150

580
191
1570
1490
520
560
900
235
178
310
445
5450
5950
2400
1270
410
1280
59
410
700
255

-20
-51
-520
-215
-170
-185
-300
-25
-73
-50
-45
-250
-555
-375
-420
-45
-110
321
-135
-65
-105

UP
UP
UP
UP
UP
UP
UP
UP
UP
UP
UP
UP
UP
UP
UP
UP
UP
Over Price
UP
UP
UP

0,04
0,36
0,50
0,17
0,49
0,49
0,50
0,12
0,70
0,19
0,11
0,05
0,10
0,19
0,49
0,12
0,09
0,49
0,10
0,70

64

Lampiran 3. Peringkat Underwriter

Tahun

2008

2009

2010

Ranking

Nama

Volume Penjaminan
Emisi
(million Share)

Kim Eng Securities

72,299

CIMB-GK Securities Indonesia

60,485

Danareksa Sekuritas

56,197

Danatama Makmur

56,037

CLSA Indonesia

54,793

eTrading Securities

143,017

Indo Premier Securities

140,887

Danareksa Sekuritas

114,265

Lautandhana Securindo

113,961

Ciptadana Securities

111,14

eTrading Securities

163,182

Indo Premier Securities

109,57

CIMB Securities Indonesia

99,417

Ciptadana Securities

96,693

OSK Nusadana Securities Indonesia

95,492

65

Lampiran 4. Tabulasi Penilaian Reputasi Underwriter

Nilai Reputasi

No

Kode

Underwritter

BAEK

Dinamika Usahajaya

BAPA

Makinta Securities

TRIL

Optima Kharya Capital

ELSA

Mandiri Sekuritas

YPAS

Investindo Nusantara

KOIN

Makinta Securities

GZCO

CLSA Indonesoa

TPIA

Truscel Capital

INDY

Danareksa Sekuritas

10

PDES

Dinakima Usahajaya

11

KBRI

Henan Putihrai

12

ADRO

Danatama Makmusr

13

HOME

Overseas Securities

14

TRAM

Danatama Makmusr

15

SIAP

Asia Captialindo

16

TRIO

PT Mandiri Sekuritas

17

BPFI

PT Panin Sekuritas Tbk

18

MKPI

PT Mandiri Sekuritas

19

BWPT

Danareksa Sekuritas

20

DSSA

PT Sinarmas Sekuritas

21

BCIP

PT Pacific Capital

22

BBTN

PT CIMB Securities Indonesia

23

PTPP

PT Mandiri Sekuritas

24

BIPI

PT Danatama Makmur

25

TOWR

PT Dinamika Usahajaya

26

ROTI

PT OSK Nusadana Securities Indonesia

27

GOLD

PT Dinamika Usahajaya

Underwriter

66

28

SKYB

PT Lautandhana Securindo

29

BJBR

PT. CIMB Securities Indonesia

30

IPOL

PT OSK Nusadana Securities Indonesia

31

GREN

PT Andalan Artha Advisindo Sekuritas

32

BUVA

PT Danareksa Sekuritas

33

BRAU

PT Danatama Makmur

34

HRUM

PT Ciptadana Securities

35

ICBP

PT Kiem Eng Securities

36

TBIG

PT UBS Securities

37

KRAS

PT Bahana securities

38

APLN

PT Indo Premier Securities

39

BORN

PT CIMB Securities Indonesia

40

MIDI

PT Indo Premier Securities

41

BRMS

PT Danatama Makmur

42

BSIM

PT Sinarmas Sekuritas

Keterangan :
-

1 = Bereputasi Baik (masuk dalam top 5 ranked underwriter)

0 = Tidak Bereputasi Baik (tidak masuk dalam top 5 ranked underwriter)

67

Lampiran 5. Tabulasi DER, ROE, dan EPS

No
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21

Laba bersih
Total Hutang
Total Ekuitas
(A)
(B)
(C)
BAEK
192.752.000.000 14.521.028.000.000 1.120.788.000.000
BAPA
916.000.000
21.544.000.000
36.335.000.000
TRIL
18.916.000.000
26.127.000.000
115.905.000.000
ELSA
100.140.000.000 1.195.264.000.000
948.901.000.000
YPAS
18.693.000.000
62.061.000.000
118.489.000.000
KOIN
6.936.000.000
319.065.000.000
112.883.000.000
GZCO
54.750.000.000
517.185.000.000
881.772.000.000
TPIA
485.774.000.000 1.039.061.000.000 1.571.421.000.000
INDY 1.084.742.000.000 3.496.524.000.000 5.213.609.000.000
PDES
5.995.000.000
66.233.000.000
103.810.000.000
KBRI
-97.592.000.000
630.964.000.000
491.712.000.000
ADRO
887.198.000.000 19.692.546.000.000 14.009.245.000.000
HOME
-14.114.000.000
87.064.000.000
108.379.000.000
TRAM
43.702.000.000
368.264.000.000 1.015.249.000.000
SIAP
3.694.000.000
52.968.000.000
70.717.000.000
TRIO
117.688.000.000 1.261.401.000.000
687.435.000.000
BPFI
16.844.000.000
104.280.000.000
125.873.000.000
MKPI
236.424.000.000
538.080.000.000 1.125.652.000.000
BWPT
167.467.000.000
717.425.000.000
905.460.000.000
DSSA
52.667.000.000 2.173.433.000.000 3.038.980.000.000
BCIP
8.615.000.000
31.834.000.000
134.843.000.000
Kode

jumlah saham
(D)
2.400.000.000
500.000.000
900.000.000
5.839.000.000
668.000.000
850.000.000
5.000.000.000
728.401.000
5.207.000.000
715.000.000
3.860.000.000
31.986.000.000
1.212.200.000
8.732.000.000
600.000.000
4.450.000.000
1.000.000.000
948.190.000
4.037.080.000
771.552.320
1.200.000.000

DER
(B/C)
12,96
0,59
0,23
1,26
0,52
2,83
0,59
0,66
0,67
0,64
1,28
1,41
0,80
0,36
0,75
1,83
0,83
0,48
0,79
0,72
0,24

ROE
(A/C)
17,20
2,52
16,32
10,55
15,78
6,14
6,21
30,91
20,81
5,77
-19,85
6,33
-13,02
4,30
5,22
17,12
13,38
21,00
18,50
1,73
6,39

EPS
(A/D)
80,31
1,83
21,02
17,15
27,98
8,16
10,95
666,90
208,32
8,38
-25,28
27,74
-11,64
5,00
6,16
26,45
16,84
249,34
41,48
68,26
7,18

68

22 BBTN
490.453.000.000 53.054.542.000.000 5.461.516.000.000
8.714.000.000
23 PTPP
163.260.000.000 3.577.545.000.000
548.007.000.000
3.803.460.000
24
BIPI
6.929.000.000
62.544.000.000 1.867.785.000.000
18.575.740
25 TOWR
589.493.000.000 5.761.326.000.000 1.115.417.000.000
980.000.000
26 ROTI
57.115.000.000
179.138.000.000
167.840.000.000
86.051.000
27 GOLD
5.065.000.000
12.528.000.000
22.293.000.000
16.500.000
28 SKYB
3.360.000.000
4.475.000.000
17.710.000.000
100.000.000
29 BJBR
709.106.000.000 29.318.786.000.000 3.091.543.000.000
6.336.000.000
30 IPOL
93.440.000.000 1.381.552.000.000
280.939.000.000
81.000.000
31 GREN
330.000.000
119.803.000.000
262.008.000.000
2.605.000.000
32 BUVA
4.592.000.000
345.424.000.000
205.757.000.000 200.000.000.000
33 BRAU
6.198.340.000 12.966.294.000.000 3.196.414.000.000
349.000.000
34 HRUM
823.940.000.000
925.284.000.000 2.298.506.000.000
2.700.000.000
35 ICBP 1.704.047.000.000 3.999.132.000.000 8.919.546.000.000
5.830.950.000
36 TBIG
326.729.000.000 2.857.915.000.000 2.144.324.000.000
4.556.700.000
37 KRAS 1.062.683.000.000 8.158.514.000.000 9.293.915.000.000 15.775.000.000
38 APLN
241.885.000.000 3.429.716.000.000 3.851.144.000.000 20.500.000.000
39 BORN
348.847.000.000 1.946.199.000.000 6.577.749.000.000 17.693.000.000
40 MIDI
10.203.000.000
738.783.000.000
376.021.000.000
2.882.350.000
41 BRMS
764.604.000.000 2.943.462.000.000 16.720.092.000.000 18.169.000.000
42 BSIM
101.806.000.000 10.320.685.000.000
911.494.000.000
7.280.500.000
Keterangan :
- DER dalam satuan kali (x)
- ROE dalam satuan persentase (%)
- Laba Bersih, Total Hutang, Total Ekuitas, Jumlah saham dan EPS dalam satuan Rupiah (Rp)

9,71
6,53
0,03
5,17
1,07
0,56
0,25
9,48
4,92
0,46
1,68
4,06
0,40
0,45
1,33
0,88
0,89
0,30
1,96
0,18
11,32

8,98
29,79
0,37
52,85
34,03
22,72
18,97
22,94
33,26
0,13
2,23
0,19
35,85
19,10
15,24
11,43
6,28
5,30
2,71
4,57
11,17

56,28
42,92
373,01
601,52
663,73
306,97
33,60
111,92
1153,58
0,13
0,02
17,76
305,16
292,24
71,70
67,37
11,80
19,72
3,54
42,08
13,98

69

Lampiran 6. Input Data

X1

X2

X3

X4

0,22

12,96

17,20

80,31

0,70

0,59

2,52

1,83

0,70

0,23

16,32

21,02

0,29

1,26

10,55

17,15

0,17

0,52

15,78

27,98

0,16

2,83

6,14

8,16

0,22

0,59

6,21

10,95

0,30

0,66

30,91

666,90

0,16

0,67

20,81

208,32

10

0,70

0,64

5,77

8,38

11

1,79

1,28

-19,85

-25,28

12

0,59

1,41

6,33

27,74

13

0,66

0,80

-13,02

-11,64

14

0,27

0,36

4,30

5,00

15

0,06

0,75

5,22

6,16

16

0,02

1,83

17,12

26,45

17

0,10

0,83

13,38

16,84

18

0,31

0,48

21,00

249,34

19

0,04

0,79

18,50

41,48

20

0,50

0,72

1,73

68,26

21

0,57

0,24

6,39

7,18

22

0,05

9,71

8,98

56,28

23

0,04

6,53

29,79

42,92

24

0,36

0,03

0,37

373,01

25

0,50

5,17

52,85

601,52

26

0,17

1,07

34,03

663,73

27

0,49

0,56

22,72

306,97

28

0,49

0,25

18,97

33,60

29

0,50

9,48

22,94

111,92

30

0,12

4,92

33,26

1153,58

31

0,70

0,46

0,13

0,13

32

0,19

1,68

2,23

0,02

33

0,11

4,06

0,19

17,76

34

0,05

0,40

35,85

305,16

70

35

0,10

0,45

19,10

292,24

36

0,19

1,33

15,24

71,70

37

0,49

0,88

11,43

67,37

38

0,12

0,89

6,28

11,80

39

0,09

0,30

5,30

19,72

40

0,49

1,96

2,71

3,54

41

0,10

0,18

4,57

42,08

42

0,70

11,32

11,17

13,98

Keterangan :
-

Y = Tingkat Underpricing dalam kali (x)

X1 = Reputasi Underwriter menggunakan variabel dummy
X2 = Debt to Equity Ratio (DER) dalam kali (x)
X3 = Return On Equity (ROE) dalam prosentase (%)
X4 = Earning Per Share (EPS) dalam Rupiah (Rp)

71

Lampiran 7. Output Uji Normalitas

One-Sample Kolmogorov-Smirnov Test

Standardized
Residual
N
Normal Parameters

42
a

Mean
Std. Deviation

Most Extreme
Differences

.0000000
.94996791

Absolute

.088

Positive

.088

Negative

-.073

Kolmogorov-Smirnov Z

.573

Asymp. Sig. (2-tailed)

.898

a. Test distribution is Normal.

72

73

Lampriran 8. Output Uji Multikolinieritas

Coefficients

Unstandardized

Standardized

Coefficients

Coefficients

Model

.503

.073

6.888 .000

-.116

.101

-.171 -1.144 .260

DER

.004

.015

ROE

-.013

.005

EPS

.000

.000

(Constant)
Reputasi Underwriter

Std. Error

a. Dependent Variable: Tingkat Underpricing

Beta

Collinearity Statistics
t

Sig. Tolerance

VIF

.927

1.078

.261 .796

.922

1.084

-.536 -2.682 .011

.521

1.920

.550

1.818

.039

.212

1.088 .284

74

Lampiran 9. Output Uji Auto Korelasi

Variables Entered/Removed
Variables

Variables

Entered

Removed

Model

b,c

Method

Ut_2, Ut_1

. Enter

a. All requested variables entered.

b. Dependent Variable: Unstandardized Residual
c. Linear Regression through the Origin

Model Summary

Model
1

R
.214

R Square
a

Adjusted R

Std. Error of the

Square

Estimate

.046

-.005

.28379454

a. Predictors: Ut_2, Ut_1

b. For regression through the origin (the no-intercept model), R Square
measures the proportion of the variability in the dependent variable
about the origin explained by regression. This CANNOT be compared
to R Square for models which include an intercept.

c,d

ANOVA
Model
1

Sum of Squares
Regression
Residual
Total

df

Mean Square

.146

.073

3.060

38

.081

40

3.207

Sig.
.907

.412

a. Predictors: Ut_2, Ut_1

b. This total sum of squares is not corrected for the constant because the constant is zero for
regression through the origin.
c. Dependent Variable: Unstandardized Residual
d. Linear Regression through the Origin

75

Coefficients

a,b

Standardized
Unstandardized Coefficients
Model
1

Std. Error

Coefficients
Beta

Sig.

Ut_1

.191

.164

.190

1.164

.252

Ut_2

.065

.167

.063

.389

.699

a. Dependent Variable: Unstandardized Residual

b. Linear Regression through the Origin

76

Lampiran 10. Output Uji Heteroskedastisitas

Coefficients

Model
1

Unstandardized

Standardized

Coefficients

Coefficients

(Constant)

Std. Error

Beta

Sig.

.269

.041

6.496 .000

-.096

.057

-.255 -1.676 .102

DER

.012

.009

ROE

-.005

.003

EPS

9.418E-5

.000

Reputasi Underwriter

a. Dependent Variable: abres

.217

1.418 .165

-.359 -1.767 .085

.126

.638 .528

77

Lampiran 11. Output Analisis Regresi Linier Berganda

Model Summary

Model
1

R
.479

Adjusted R

Std. Error of the

Square

Estimate

R Square
a

.230

.147

Durbin-Watson

.29757

1.589

a. Predictors: (Constant), EPS, DER, Reputasi Underwriter, ROE

b. Dependent Variable: Tingkat Underpricing

ANOVA
Model
1

Sum of Squares
Regression

df

Mean Square

.977

.244

Residual

3.276

37

.089

Total

4.254

41

Sig.

2.760

.042

a. Predictors: (Constant), EPS, DER, Reputasi Underwriter, ROE

b. Dependent Variable: Tingkat Underpricing

Coefficients

Unstandardized

Standardized

Coefficients

Coefficients

Model

.503

.073

6.888 .000

-.116

.101

-.171 -1.144 .260

DER

.004

.015

ROE

-.013

.005

EPS

.000282

.000

(Constant)
Reputasi Underwriter

Std. Error

a. Dependent Variable: Tingkat Underpricing

Beta

Collinearity Statistics
t

Sig. Tolerance

VIF

.927

1.078

.261 .796

.922

1.084

-.536 -2.682 .011

.521

1.920

.550

1.818

.039

.212

1.088 .284

78

Lampiran 12. Output Descriptive Statistik

Descriptive Statistics
N

Minimum

Maximum

Mean

Std. Deviation

Tingkat Underpricing

42

.02

1.79

.3471

.32210

Reputasi Underwriter

42

.00

1.00

.3333

.47712

DER

42

.03

12.96

2.1921

3.21218

ROE

42

-19.85

52.85

12.6529

13.35980

EPS

42

-25.28

1153.58

134.56

241.09837

Valid N (listwise)

42

79

Lampiran 13. Nilai F Tabel (0,05)

80

41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90

1,303
1,302
1,302
1,301
1,301
1,300
1,300
1,299
1,299
1,299
1,298
1,298
1,298
1,297
1,297
1,297
1,297
1,296
1,296
1,296
1,296
1,295
1,295
1,295
1,295
1,295
1,294
1,294
1,294
1,294
1,294
1,293
1,293
1,293
1,293
1,293
1,293
1,293
1,292
1,292
1,292
1,292
1,292
1,292
1,292
1,292
1,291
1,291
1,291
1,291

1,683
1,682
1,681
1,680
1,679
1,679
1,678
1,677
1,677
1,676
1,675
1,675
1,674
1,674
1,673
1,673
1,672
1,672
1,671
1,671
1,670
1,670
1,669
1,669
1,669
1,668
1,668
1,668
1,667
1,667
1,667
1,666
1,666
1,666
1,665
1,665
1,665
1,665
1,664
1,664
1,664
1,664
1,663
1,663
1,663
1,663
1,663
1,662
1,662
1,662

2,020
2,018
2,017
2,015
2,014
2,013
2,012
2,011
2,010
2,009
2,008
2,007
2,006
2,005
2,004
2,003
2,003
2,002
2,001
2,000
2,000
1,999
1,998
1,998
1,997
1,997
1,996
1,996
1,995
1,994
1,994
1,994
1,993
1,993
1,992
1,992
1,991
1,991
1,991
1,990
1,990
1,989
1,989
1,989
1,988
1,988
1,988
1,987
1,987
1,987

2,421
2,419
2,416
2,414
2,412
2,410
2,408
2,407
2,405
2,403
2,402
2,400
2,399
2,397
2,396
2,395
2,394
2,392
2,391
2,390
2,389
2,388
2,387
2,386
2,385
2,384
2,383
2,382
2,382
2,381
2,380
2,379
2,379
2,378
2,377
2,376
2,376
2,375
2,375
2,374
2,373
2,373
2,372
2,372
2,371
2,371
2,370
2,370
2,369
2,369

2,701
2,698
2,695
2,692
2,690
2,687
2,685
2,682
2,680
2,678
2,676
2,674
2,672
2,670
2,668
2,667
2,665
2,663
2,662
2,660
2,659
2,658
2,656
2,655
2,654
2,652
2,651
2,650
2,649
2,648
2,647
2,646
2,645
2,644
2,643
2,642
2,641
2,640
2,640
2,639
2,638
2,637
2,636
2,636
2,635
2,634
2,634
2,633
2,632
2,632

3,544
3,538
3,532
3,526
3,520
3,515
3,510
3,505
3,500
3,496
3,492
3,488
3,484
3,480
3,476
3,473
3,470
3,466
3,463
3,460
3,457
3,455
3,452
3,449
3,447
3,444
3,442
3,439
3,437
3,435
3,433
3,431
3,429
3,427
3,425
3,423
3,421
3,420
3,418
3,416
3,415
3,413
3,412
3,410
3,409
3,407
3,406
3,405
3,403
3,402

81

Lampiran 14. Nilai t Tabel

n
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40

0,10

0,05

0,20

0,10

Satu ujung
0,025
Dua Ujung
0,05

3,078
1,886
1,638
1,533
1,476
1,440
1,415
1,397
1,383
1,372
1,363
1,356
1,350
1,345
1,341
1,337
1,333
1,330
1,328
1,325
1,323
1,321
1,320
1,318
1,316
1,315
1,314
1,313
1,311
1,310
1,310
1,309
1,308
1,307
1,306
1,306
1,305
1,304
1,304
1,303

6,314
2,920
2,353
2,132
2,015
1,943
1,895
1,860
1,833
1,813
1,796
1,782
1,771
1,761
1,753
1,746
1,740
1,734
1,729
1,725
1,721
1,717
1,714
1,711
1,708
1,706
1,703
1,701
1,699
1,697
1,696
1,694
1,692
1,691
1,690
1,688
1,687
1,686
1,685
1,684

12,706
4,303
3,182
2,776
2,571
2,447
2,365
2,306
2,262
2,228
2,201
2,179
2,160
2,145
2,131
2,120
2,110
2,101
2,093
2,086
2,080
2,074
2,069
2,064
2,060
2,056
2,052
2,048
2,045
2,042
2,040
2,037
2,035
2,032
2,030
2,028
2,026
2,024
2,023
2,021

0,01

0,005

0,0005

0,02

0,01

0,00

31,821
6,965
4,541
3,747
3,365
3,143
2,998
2,897
2,821
2,764
2,718
2,681
2,650
2,625
2,603
2,584
2,567
2,552
2,540
2,528
2,518
2,508
2,500
2,492
2,485
2,479
2,473
2,467
2,462
2,457
2,453
2,449
2,445
2,441
2,438
2,435
2,431
2,429
2,426
2,423

63,657
9,925
5,841
4,604
4,032
3,707
3,500
3,355
3,250
3,169
3,106
3,055
3,012
2,977
2,947
2,921
2,898
2,878
2,861
2,845
2,831
2,819
2,807
2,797
2,787
2,779
2,771
2,763
2,756
2,750
2,744
2,739
2,733
2,728
2,724
2,720
2,715
2,712
2,708
2,705

636,619
31,599
12,924
8,610
6,869
5,959
5,408
5,041
4,781
4,587
4,437
4,318
4,221
4,141
4,073
4,015
3,965
3,922
3,883
3,850
3,819
3,792
3,768
3,745
3,725
3,707
3,690
3,674
3,659
3,646
3,634
3,622
3,611
3,601
3,591
3,582
3,574
3,566
3,558
3,551

82

41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90

1,303
1,302
1,302
1,301
1,301
1,300
1,300
1,299
1,299
1,299
1,298
1,298
1,298
1,297
1,297
1,297
1,297
1,296
1,296
1,296
1,296
1,295
1,295
1,295
1,295
1,295
1,294
1,294
1,294
1,294
1,294
1,293
1,293
1,293
1,293
1,293
1,293
1,293
1,292
1,292
1,292
1,292
1,292
1,292
1,292
1,292
1,291
1,291
1,291
1,291

1,683
1,682
1,681
1,680
1,679
1,679
1,678
1,677
1,677
1,676
1,675
1,675
1,674
1,674
1,673
1,673
1,672
1,672
1,671
1,671
1,670
1,670
1,669
1,669
1,669
1,668
1,668
1,668
1,667
1,667
1,667
1,666
1,666
1,666
1,665
1,665
1,665
1,665
1,664
1,664
1,664
1,664
1,663
1,663
1,663
1,663
1,663
1,662
1,662
1,662

2,020
2,018
2,017
2,015
2,014
2,013
2,012
2,011
2,010
2,009
2,008
2,007
2,006
2,005
2,004
2,003
2,003
2,002
2,001
2,000
2,000
1,999
1,998
1,998
1,997
1,997
1,996
1,996
1,995
1,994
1,994
1,994
1,993
1,993
1,992
1,992
1,991
1,991
1,991
1,990
1,990
1,989
1,989
1,989
1,988
1,988
1,988
1,987
1,987
1,987

2,421
2,419
2,416
2,414
2,412
2,410
2,408
2,407
2,405
2,403
2,402
2,400
2,399
2,397
2,396
2,395
2,394
2,392
2,391
2,390
2,389
2,388
2,387
2,386
2,385
2,384
2,383
2,382
2,382
2,381
2,380
2,379
2,379
2,378
2,377
2,376
2,376
2,375
2,375
2,374
2,373
2,373
2,372
2,372
2,371
2,371
2,370
2,370
2,369
2,369

2,701
2,698
2,695
2,692
2,690
2,687
2,685
2,682
2,680
2,678
2,676
2,674
2,672
2,670
2,668
2,667
2,665
2,663
2,662
2,660
2,659
2,658
2,656
2,655
2,654
2,652
2,651
2,650
2,649
2,648
2,647
2,646
2,645
2,644
2,643
2,642
2,641
2,640
2,640
2,639
2,638
2,637
2,636
2,636
2,635
2,634
2,634
2,633
2,632
2,632

3,544
3,538
3,532
3,526
3,520
3,515
3,510
3,505
3,500
3,496
3,492
3,488
3,484
3,480
3,476
3,473
3,470
3,466
3,463
3,460
3,457
3,455
3,452
3,449
3,447
3,444
3,442
3,439
3,437
3,435
3,433
3,431
3,429
3,427
3,425
3,423
3,421
3,420
3,418
3,416
3,415
3,413
3,412
3,410
3,409
3,407
3,406
3,405
3,403
3,402

83

Lampiran 15. Tabel Chi Square