CR DAR TERHADAP ROA

NORMALITAS
32
Series: Residuals
28 Sample 1 121
Observations 121
24
Mean 1.27e-15
20 Median -0.632312
Maximum 30.74141
16 Minimum -18.25580
Std. Dev. 7.263945
12 Skewness 0.671862
Kurtosis 5.690992
8
Jarque-Bera 45.61212
4 Probability 0.000000
0
-20 -10 0 10 20 30

HETEROSKEDASTISITAS

Heteroskedasticity Test: Breusch-Pagan-Godfrey

F-statistic 29.05229    Prob. F(2,118) 0.0000

Obs*R-squared 39.92318    Prob. Chi-Square(2) 0.0000
Scaled explained SS 89.05392    Prob. Chi-Square(2) 0.0000

Test Equation:
Dependent Variable: RESID^2
Method: Least Squares
Date: 06/25/20 Time: 19:18
Sample: 1 121
Included observations: 121

Variable Coefficient Std. Error t-Statistic Prob.  

C 1.148589 44.24444 0.025960 0.9793

X1 0.423484 0.090179 4.696008 0.0000
X2 -44.46389 52.90068 -0.840516 0.4023

R-squared 0.329944    Mean dependent var 52.32882

Adjusted R-squared 0.318587    S.D. dependent var 113.8087
S.E. of regression 93.94651    Akaike info criterion 11.94781
Sum squared resid 1041462.    Schwarz criterion 12.01713
Log likelihood -719.8425    Hannan-Quinn criter. 11.97596
F-statistic 29.05229    Durbin-Watson stat 1.950905
Prob(F-statistic) 0.000000
MULTIKOLINEARITAS

Variance Inflation Factors

Date: 06/25/20 Time: 19:19
Sample: 1 121
Included observations: 121

Coefficient Uncentered Centered

Variable Variance VIF VIF

X1  4.94E-05  5.692234  2.045720

X2  17.01396  14.57236  2.045720
C  11.90146  26.83746  NA

CEM

Dependent Variable: Y
Method: Panel Least Squares
Date: 06/25/20 Time: 19:12
Sample: 2009 2019
Periods included: 11
Cross-sections included: 11
Total panel (balanced) observations: 121

Variable Coefficient Std. Error t-Statistic Prob.  

X1 0.008072 0.007032 1.148039 0.2533

X2 -15.81622 4.124799 -3.834422 0.0002
C 16.29169 3.449850 4.722435 0.0000

R-squared 0.278954    Mean dependent var 8.714132

Adjusted R-squared 0.266733    S.D. dependent var 8.554429
S.E. of regression 7.325245    Akaike info criterion 6.845011
Sum squared resid 6331.787    Schwarz criterion 6.914328
Log likelihood -411.1232    Hannan-Quinn criter. 6.873163
F-statistic 22.82557    Durbin-Watson stat 0.332766
Prob(F-statistic) 0.000000

FEM

Dependent Variable: Y
Method: Panel Least Squares
Date: 06/25/20 Time: 19:12
Sample: 2009 2019
Periods included: 11
Cross-sections included: 11
Total panel (balanced) observations: 121

Variable Coefficient Std. Error t-Statistic Prob.  

X1 0.033137 0.008983 3.688815 0.0004

X2 -1.868637 13.34554 -0.140020 0.8889
C 3.789035 8.505113 0.445501 0.6568

Effects Specification

Cross-section fixed (dummy variables)

R-squared 0.574878    Mean dependent var 8.714132

Adjusted R-squared 0.527642    S.D. dependent var 8.554429
S.E. of regression 5.879313    Akaike info criterion 6.481974
Sum squared resid 3733.163    Schwarz criterion 6.782348
Log likelihood -379.1594    Hannan-Quinn criter. 6.603967
F-statistic 12.17039    Durbin-Watson stat 0.750767
Prob(F-statistic) 0.000000

CHOW

Redundant Fixed Effects Tests

Equation: Untitled
Test cross-section fixed effects

Effects Test Statistic   d.f.  Prob. 

Cross-section F 7.517794 (10,108) 0.0000

Cross-section Chi-square 63.927540 10 0.0000

Cross-section fixed effects test equation:

Dependent Variable: Y
Method: Panel Least Squares
Date: 06/25/20 Time: 19:13
Sample: 2009 2019
Periods included: 11
Cross-sections included: 11
Total panel (balanced) observations: 121

Variable Coefficient Std. Error t-Statistic Prob.  

 X1 0.008072 0.007032 1.148039 0.2533
X2 -15.81622 4.124799 -3.834422 0.0002
C 16.29169 3.449850 4.722435 0.0000

R-squared 0.278954    Mean dependent var 8.714132

Adjusted R-squared 0.266733    S.D. dependent var 8.554429
S.E. of regression 7.325245    Akaike info criterion 6.845011
Sum squared resid 6331.787    Schwarz criterion 6.914328
Log likelihood -411.1232    Hannan-Quinn criter. 6.873163
F-statistic 22.82557    Durbin-Watson stat 0.332766
Prob(F-statistic) 0.000000

REM

Dependent Variable: Y
Method: Panel EGLS (Cross-section random effects)
Date: 06/25/20 Time: 19:13
Sample: 2009 2019
Periods included: 11
Cross-sections included: 11
Total panel (balanced) observations: 121
Swamy and Arora estimator of component variances

Variable Coefficient Std. Error t-Statistic Prob.  

X1 0.026151 0.008120 3.220707 0.0017

X2 -7.898477 6.905568 -1.143784 0.2550
C 8.497992 5.134372 1.655118 0.1006

Effects Specification
S.D.   Rho  
Cross-section random 4.602580 0.3800
Idiosyncratic random 5.879313 0.6200

Weighted Statistics

R-squared 0.159900    Mean dependent var 3.131971

Adjusted R-squared 0.145661    S.D. dependent var 6.403158
S.E. of regression 5.918467    Sum squared resid 4133.333
F-statistic 11.22976    Durbin-Watson stat 0.618635
Prob(F-statistic) 0.000034

Unweighted Statistics

R-squared 0.238479    Mean dependent var 8.714132

Sum squared resid 6687.213    Durbin-Watson stat 0.382375

HAUSMAN

Correlated Random Effects - Hausman Test

Equation: Untitled
Test cross-section random effects

Chi-Sq.
Test Summary Statistic Chi-Sq. d.f. Prob. 

Cross-section random 3.576897 2 0.1672

Cross-section random effects test comparisons:

Variable Fixed   Random  Var(Diff.)  Prob. 

X1 0.033137 0.026151 0.000015 0.0691

X2 -1.868637 -7.898477 130.416525 0.5975
Cross-section random effects test equation:
Dependent Variable: Y
Method: Panel Least Squares
Date: 06/25/20 Time: 19:14
Sample: 2009 2019
Periods included: 11
Cross-sections included: 11
Total panel (balanced) observations: 121

Variable Coefficient Std. Error t-Statistic Prob.  

C 3.789035 8.505113 0.445501 0.6568

X1 0.033137 0.008983 3.688815 0.0004
X2 -1.868637 13.34554 -0.140020 0.8889

Effects Specification

Cross-section fixed (dummy variables)

R-squared 0.574878    Mean dependent var 8.714132

Adjusted R-squared 0.527642    S.D. dependent var 8.554429
S.E. of regression 5.879313    Akaike info criterion 6.481974
Sum squared resid 3733.163    Schwarz criterion 6.782348
Log likelihood -379.1594    Hannan-Quinn criter. 6.603967
F-statistic 12.17039    Durbin-Watson stat 0.750767
Prob(F-statistic) 0.000000

LM

Lagrange Multiplier Tests for Random Effects

Null hypotheses: No effects
Alternative hypotheses: Two-sided (Breusch-Pagan) and one-sided
        (all others) alternatives

Test Hypothesis
Cross-section Time Both

Breusch-Pagan  56.03077  47.01208  103.0428

(0.0000) (0.0000) (0.0000)

Honda  7.485370  6.856535  10.14126

(0.0000) (0.0000) (0.0000)

King-Wu  7.485370  6.856535  10.14126

 (0.0000) (0.0000) (0.0000)

Standardized Honda  9.054410  7.268887  8.058157

(0.0000) (0.0000)
(0.0000)

Standardized King-Wu  9.054410  7.268887  8.058157

(0.0000) (0.0000) (0.0000)

Gourierioux, et al.* -- --  103.0428

(< 0.01)

*Mixed chi-square asymptotic critical values:

1% 7.289
5% 4.321
10% 2.952

ROA TERHADAP SAHAM

CEM

Dependent Variable: Z
Method: Panel Least Squares
Date: 06/25/20 Time: 19:21
Sample: 2009 2019
Periods included: 11
Cross-sections included: 11
Total panel (balanced) observations: 121

Variable Coefficient Std. Error t-Statistic Prob.  

Y 252.5775 102.9814 2.452652 0.0156

C 7531.114 1254.978 6.000993 0.0000

R-squared 0.048118    Mean dependent var 9732.107

Adjusted R-squared 0.040119    S.D. dependent var 9849.899
S.E. of regression 9650.293    Akaike info criterion 21.20375
Sum squared resid 1.11E+10    Schwarz criterion 21.24997
Log likelihood -1280.827    Hannan-Quinn criter. 21.22252
F-statistic 6.015500    Durbin-Watson stat 0.622667
Prob(F-statistic) 0.015631
FEM

Dependent Variable: Z
Method: Panel Least Squares
Date: 06/25/20 Time: 19:22
Sample: 2009 2019
Periods included: 11
Cross-sections included: 11
Total panel (balanced) observations: 121

Variable Coefficient Std. Error t-Statistic Prob.  

Y 371.2223 117.3965 3.162123 0.0020

C 6497.227 1241.653 5.232723 0.0000

Effects Specification

Cross-section fixed (dummy variables)

R-squared 0.439071    Mean dependent var 9732.107

Adjusted R-squared 0.382463    S.D. dependent var 9849.899
S.E. of regression 7740.396    Akaike info criterion 20.84020
Sum squared resid 6.53E+09    Schwarz criterion 21.11747
Log likelihood -1248.832    Hannan-Quinn criter. 20.95281
F-statistic 7.756403    Durbin-Watson stat 1.073971
Prob(F-statistic) 0.000000

CHOW

Redundant Fixed Effects Tests

Equation: Untitled
Test cross-section fixed effects

Effects Test Statistic   d.f.  Prob. 

Cross-section F 7.597012 (10,109) 0.0000

Cross-section Chi-square 63.990416 10 0.0000

Cross-section fixed effects test equation:

Dependent Variable: Z
Method: Panel Least Squares
Date: 06/25/20 Time: 19:22
Sample: 2009 2019
Periods included: 11
Cross-sections included: 11
Total panel (balanced) observations: 121

Variable Coefficient Std. Error t-Statistic Prob.  

Y 252.5775 102.9814 2.452652 0.0156

C 7531.114 1254.978 6.000993 0.0000

R-squared 0.048118    Mean dependent var 9732.107

Adjusted R-squared 0.040119    S.D. dependent var 9849.899
S.E. of regression 9650.293    Akaike info criterion 21.20375
Sum squared resid 1.11E+10    Schwarz criterion 21.24997
Log likelihood -1280.827    Hannan-Quinn criter. 21.22252
F-statistic 6.015500    Durbin-Watson stat 0.622667
Prob(F-statistic) 0.015631

REM

Dependent Variable: Z
Method: Panel EGLS (Cross-section random effects)
Date: 06/25/20 Time: 19:23
Sample: 2009 2019
Periods included: 11
Cross-sections included: 11
Total panel (balanced) observations: 121
Swamy and Arora estimator of component variances

Variable Coefficient Std. Error t-Statistic Prob.  

Y 345.2748 110.7248 3.118314 0.0023

C 6723.337 2235.923 3.006962 0.0032

Effects Specification
S.D.   Rho  

Cross-section random 6269.406 0.3961

Idiosyncratic random 7740.396 0.6039

Weighted Statistics

R-squared 0.075869    Mean dependent var 3395.211

Adjusted R-squared 0.068103    S.D. dependent var 7999.437
S.E. of regression 7722.239    Sum squared resid 7.10E+09
F-statistic 9.769662    Durbin-Watson stat 0.984168
Prob(F-statistic) 0.002230

Unweighted Statistics

R-squared 0.041637    Mean dependent var 9732.107

Sum squared resid 1.12E+10    Durbin-Watson stat 0.625933
HAUSMAN

Correlated Random Effects - Hausman Test

Equation: Untitled
Test cross-section random effects

Chi-Sq.
Test Summary Statistic Chi-Sq. d.f. Prob. 

Cross-section random 0.442373 1 0.5060

Cross-section random effects test comparisons:

Variable Fixed   Random  Var(Diff.)  Prob. 

Y 371.222348 345.274832 1521.958100 0.5060

Cross-section random effects test equation:

Dependent Variable: Z
Method: Panel Least Squares
Date: 06/25/20 Time: 19:23
Sample: 2009 2019
Periods included: 11
Cross-sections included: 11
Total panel (balanced) observations: 121

Variable Coefficient Std. Error t-Statistic Prob.  

C 6497.227 1241.653 5.232723 0.0000

Y 371.2223 117.3965 3.162123 0.0020

Effects Specification

Cross-section fixed (dummy variables)

R-squared 0.439071    Mean dependent var 9732.107

Adjusted R-squared 0.382463    S.D. dependent var 9849.899
S.E. of regression 7740.396    Akaike info criterion 20.84020
Sum squared resid 6.53E+09    Schwarz criterion 21.11747
Log likelihood -1248.832    Hannan-Quinn criter. 20.95281
F-statistic 7.756403    Durbin-Watson stat 1.073971
Prob(F-statistic) 0.000000
LM

Lagrange Multiplier Tests for Random Effects

Null hypotheses: No effects
Alternative hypotheses: Two-sided (Breusch-Pagan) and one-sided
        (all others) alternatives

Test Hypothesis
Cross-section Time Both

Breusch-Pagan  72.30814  2.445394  74.75353

(0.0000) (0.1179) (0.0000)

Honda  8.503419 -1.563775  4.907069

(0.0000) -- (0.0000)

King-Wu  8.503419 -1.563775  4.907069

(0.0000) -- (0.0000)

Standardized Honda  9.477292 -1.400367  2.011973

(0.0000) -- (0.0221)

Standardized King-Wu  9.477292 -1.400367  2.011973

(0.0000) -- (0.0221)

Gourierioux, et al.* -- --  72.30814

(< 0.01)

*Mixed chi-square asymptotic critical values:

1% 7.289
5% 4.321
10% 2.952