FIRM Tahun Y(INV) X1 (HS) X2 (NAK) D1 D2 D3

IBM 1996 20.36 197 6.5 1 0 0

IBM 1997 25.98 210.3 15.8 1 0 0
IBM 1998 25.94 223.1 27.7 1 0 0
IBM 1999 27.53 216.7 39.2 1 0 0
IBM 2000 24.6 286.4 48.6 1 0 0
IBM 2001 28.54 298 52.5 1 0 0
IBM 2002 43.41 276.9 61.5 1 0 0
IBM 2003 42.81 272.6 80.5 1 0 0
IBM 2004 27.84 287.4 94.4 1 0 0
IBM 2005 32.6 330.3 92.6 1 0 0
IBM 2006 39.03 324.4 92.3 1 0 0
IBM 2007 50.17 401.9 94.2 1 0 0
IBM 2008 51.85 407.4 111.4 1 0 0
IBM 2009 64.03 409.2 127.4 1 0 0
IBM 2010 68.16 482.2 149.3 1 0 0
IBM 2011 73.34 673.8 164.4 1 0 0
IBM 2012 95.3 676.9 177.2 1 0 0
IBM 2013 99.49 702 200 1 0 0
IBM 2014 127.52 793.5 211.5 1 0 0
IBM 2015 135.72 927.3 238.7 1 0 0
GOOD 1996 26.63 290.6 162 0 1 0
GOOD 1997 23.39 291.1 174 0 1 0
GOOD 1998 30.65 335 183 0 1 0
GOOD 1999 20.89 246 198 0 1 0
GOOD 2000 28.78 356.2 208 0 1 0
GOOD 2001 26.93 289.8 223 0 1 0
GOOD 2002 32.08 268.2 234 0 1 0
GOOD 2003 32.21 213.3 248 0 1 0
GOOD 2004 35.69 348.2 274 0 1 0
GOOD 2005 62.47 374.2 282 0 1 0
GOOD 2006 52.32 387.2 316 0 1 0
GOOD 2007 56.95 347.4 302 0 1 0
GOOD 2008 54.32 291.9 333 0 1 0
GOOD 2009 40.53 297.2 359 0 1 0
GOOD 2010 32.54 276.9 370 0 1 0
GOOD 2011 43.48 274.6 376 0 1 0
GOOD 2012 56.49 339.9 391 0 1 0
GOOD 2013 65.98 474.8 414 0 1 0
GOOD 2014 66.11 496 443 0 1 0
GOOD 2015 49.34 474.5 468 0 1 0
UO 1996 24.43 138 100.2 0 0 1
UO 1997 23.21 200.1 125 0 0 1
UO 1998 32.78 210.1 142.4 0 0 1
UO 1999 32.54 161.2 165.1 0 0 1
UO 2000 26.65 161.7 194.8 0 0 1
UO 2001 33.71 145.1 222.9 0 0 1
UO 2002 43.5 110.6 252.1 0 0 1
UO 2003 34.46 98.1 276.3 0 0 1
UO 2004 44.28 108.8 300.3 0 0 1
UO 2005 70.8 118.2 318.2 0 0 1
UO 2006 44.12 126.5 336.2 0 0 1
UO 2007 48.98 156.7 351.2 0 0 1
UO 2008 48.51 119.4 373.6 0 0 1
UO 2009 50 129.1 389.4 0 0 1
UO 2010 50.59 134.8 406.7 0 0 1
UO 2011 42.53 140.8 429.5 0 0 1
UO 2012 64.77 179 450.6 0 0 1
UO 2013 72.68 178.1 466.9 0 0 1
UO 2014 73.86 186.8 486.2 0 0 1
UO 2015 89.51 192.7 511.3 0 0 1
US 1996 209.9 1362.4 53.8 0 0 0
US 1997 355.3 1807.1 50.5 0 0 0
US 1998 469.9 2676.3 118.1 0 0 0
US 1999 262.3 1801.9 260.2 0 0 0
US 2000 230.4 1957.3 312.7 0 0 0
US 2001 361.6 2202.9 254.2 0 0 0
US 2002 472.8 2380.5 261.4 0 0 0
US 2003 445.6 2168.6 298.7 0 0 0
US 2004 361.6 1985.1 301.8 0 0 0
US 2005 288.2 1813.9 279.1 0 0 0
US 2006 258.7 1850.2 213.8 0 0 0
US 2007 420.3 2067.7 232.6 0 0 0
US 2008 420.5 1796.7 264.8 0 0 0
US 2009 494.5 1625.8 306.9 0 0 0
US 2010 405.1 1667 351.1 0 0 0
US 2011 418.8 1677.4 357.8 0 0 0
US 2012 588.2 2289.5 342.1 0 0 0
US 2013 645.2 2159.4 444.2 0 0 0
US 2014 641 2031.3 623.6 0 0 0
US 2015 459.3 2115.5 669.7 0 0 0
Tahun Perusahaan INVESTASI (Y) SAHAM (X1) NAK (X2)
1995 IBM 20.36 197 6.5
1996 IBM 25.98 210.3 15.8
1997 IBM 25.94 223.1 27.7
1998 IBM 27.53 216.7 39.2
1999 IBM 24.6 286.4 48.6
2000 IBM 28.54 298 52.5
2001 IBM 43.41 276.9 61.5
2002 IBM 42.81 272.6 80.5
2003 IBM 27.84 287.4 94.4
2004 IBM 32.6 330.3 92.6
2005 IBM 39.03 324.4 92.3
2006 IBM 50.17 401.9 94.2
2007 IBM 51.85 407.4 111.4
2008 IBM 64.03 409.2 127.4
2009 IBM 68.16 482.2 149.3
2010 IBM 73.34 673.8 164.4
2011 IBM 95.3 676.9 177.2
2012 IBM 99.49 702 200
2013 IBM 127.52 793.5 211.5
2014 IBM 135.72 927.3 238.7
1995 GOOD 26.63 290.6 162
1996 GOOD 23.39 291.1 174
1997 GOOD 30.65 335 183
1998 GOOD 20.89 246 198
1999 GOOD 28.78 356.2 208
2000 GOOD 26.93 289.8 223
2001 GOOD 32.08 268.2 234
2002 GOOD 32.21 213.3 248
2003 GOOD 35.69 348.2 274
2004 GOOD 62.47 374.2 282
2005 GOOD 52.32 387.2 316
2006 GOOD 56.95 347.4 302
2007 GOOD 54.32 291.9 333
2008 GOOD 40.53 297.2 359
2009 GOOD 32.54 276.9 370
2010 GOOD 43.48 274.6 376
2011 GOOD 56.49 339.9 391
2012 GOOD 65.98 474.8 414
2013 GOOD 66.11 496 443
2014 GOOD 49.34 474.5 468
1995 UO 24.43 138 100.2
1996 UO 23.21 200.1 125
1997 UO 32.78 210.1 142.4
1998 UO 32.54 161.2 165.1
1999 UO 26.65 161.7 194.8
2000 UO 33.71 145.1 222.9
2001 UO 43.5 110.6 252.1
2002 UO 34.46 98.1 276.3
2003 UO 44.28 108.8 300.3
2004 UO 70.8 118.2 318.2
2005 UO 44.12 126.5 336.2
2006 UO 48.98 156.7 351.2
2007 UO 48.51 119.4 373.6
2008 UO 50 129.1 389.4
2009 UO 50.59 134.8 406.7
2010 UO 42.53 140.8 429.5
2011 UO 64.77 179 450.6
2012 UO 72.68 178.1 466.9
2013 UO 73.86 186.8 486.2
2014 UO 89.51 192.7 511.3
1995 US 209.9 1362.4 53.8
1996 US 355.3 1807.1 50.5
1997 US 469.9 2676.3 118.1
1998 US 262.3 1801.9 260.2
1999 US 230.4 1957.3 312.7
2000 US 361.6 2202.9 254.2
2001 US 472.8 2380.5 261.4
2002 US 445.6 2168.6 298.7
2003 US 361.6 1985.1 301.8
2004 US 288.2 1813.9 279.1
2005 US 258.7 1850.2 213.8
2006 US 420.3 2067.7 232.6
2007 US 420.5 1796.7 264.8
2008 US 494.5 1625.8 306.9
2009 US 405.1 1667 351.1
2010 US 418.8 1677.4 357.8
2011 US 588.2 2289.5 342.1
2012 US 645.2 2159.4 444.2
2013 US 641 2031.3 623.6
2014 US 459.3 2115.5 669.7
 Residual
Periode IBM GOOD UO US Residual Kuadrat
1996 0.442578 -0.61403 0.120062 0.383532 0.195875 0.377036 0.014415 0.147096
1997 0.35845 -0.76694 -0.33485 0.67297 0.128487 0.588189 0.112124 0.452889
1998 0.133535 -0.63918 -0.07324 0.339594 0.017832 0.408556 0.005364 0.115324
1999 0.114373 -0.76648 0.114818 -0.1238 0.013081 0.587485 0.013183 0.015327
2000 -0.31595 -0.79649 -0.13771 -0.38405 0.099825 0.634393 0.018963 0.147494
2001 -0.22673 -0.697 0.154721 0.022177 0.051405 0.485804 0.023939 0.000492
2002 0.211361 -0.46636 0.618546 0.211583 0.044673 0.217491 0.382599 0.044767
2003 0.130195 -0.27229 0.466567 0.196489 0.016951 0.074143 0.217685 0.038608
2004 -0.3962 -0.64407 0.59827 0.064621 0.156978 0.414825 0.357927 0.004176
2005 -0.35865 -0.15823 0.974972 -0.05686 0.128629 0.025037 0.95057 0.003233
2006 -0.16131 -0.40093 0.423868 -0.10219 0.026021 0.160743 0.179664 0.010442
2007 -0.11057 -0.20411 0.321109 0.256878 0.012225 0.041662 0.103111 0.065986
2008 -0.14068 -0.12317 0.539177 0.345474 0.01979 0.015172 0.290712 0.119352
2009 0.025731 -0.45508 0.486103 0.553544 0.000662 0.207093 0.236296 0.306411
2010 -0.10854 -0.61965 0.445524 0.290749 0.01178 0.383965 0.198491 0.084535
2011 -0.36769 -0.32712 0.216008 0.312653 0.135199 0.10701 0.046659 0.097752
2012 -0.13261 -0.27056 0.404554 0.383924 0.017585 0.073205 0.163664 0.147398
2013 -0.1592 -0.43553 0.513598 0.450446 0.025344 0.189684 0.263782 0.202902
2014 -0.03895 -0.49363 0.474221 0.396735 0.001517 0.243672 0.224885 0.157399
2015 -0.15446 -0.76266 0.622988 0.005022 0.023858 0.581643 0.388114 2.52E-05
Rata-rata -0.06277 -0.49568 0.347466 0.210975 Jumlah 1.127716 5.816807 4.192147 2.161608
Rata-rata 0.003939 0.245694 0.120732 0.04451 Jumlah Residual Kuadrat 13.29828
Jumlah 0.414876

80 165.9504
36 13.29828

2.222222 12.47909 -1
2.222222 131.7695
292.8211 > Nilai Chi Squared 5,991 sebesar 5,991

Maka model yang dipilih adalah RE