Dependent Variable: T_E

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

Left censored obs 0     Right censored obs 0

Uncensored obs 90     Total obs 90