INVESTOR #1 ===================== EQUATIONS: EQ_NB1 NOB 837 SBIC 949.185 LOGL -854.967 Standard Parameter Estimate Error t-statistic P-value C_1 3.20667 .384942 8.33028 [.000] A2_1 .276871 .052291 5.29485 [.000] P0_1 -.111026 .041322 -2.68683 [.007] P1_1 -.014651 .024836 -.589928 [.555] P2_1 .539351E-02 .024278 .222160 [.824] P3_1 -.015506 .024315 -.637699 [.524] P4_1 -.093263 .027964 -3.33506 [.001] P5_1 -.010753 .030324 -.354608 [.723] P6_1 .943371E-02 .032695 .288537 [.773] P7_1 -.067601 .024531 -2.75572 [.006] P8_1 -.646517E-02 .023826 -.271350 [.786] P9_1 -.033191 .024068 -1.37906 [.168] P10_1 .016788 .023577 .712032 [.476] P11_1 .210633E-02 .024844 .084784 [.932] P12_1 -.034081 .025242 -1.35014 [.177] P13_1 .022340 .024583 .908755 [.363] P14_1 -.029039 .023768 -1.22176 [.222] P15_1 -.030169 .023828 -1.26614 [.205] P16_1 -.041542 .024241 -1.71370 [.087] P17_1 -.638170E-02 .023930 -.266681 [.790] P18_1 .029006 .032193 .901021 [.368] P19_1 -.212880E-03 .028177 -.755519E-02 [.994] P20_1 -.211939E-02 .023912 -.088632 [.929] P21_1 .039533 .024040 1.64448 [.100] DI1_1 .162442 .022694 7.15798 [.000] DF1_1 .035302 .011439 3.08607 [.002] S1_1 -.181370 .070491 -2.57297 [.010] S2_1 .202763 .053225 3.80954 [.000] Standard Errors computed from quadratic form of analytic first derivatives (Gauss) Equation: EQ_NB1 Dependent variable: LPSE YMEAN 5.11995 S2 .467237 ARSQ .512860 SDEV .979358 S .683547 LMHET .032086 [.858] SSR 377.995 RSQ .528593 DW 1.97864 [<.846] INVESTOR #2 ===================== EQUATIONS: EQ_NB2 NOB 837 SBIC 949.185 LOGL -854.967 Standard Parameter Estimate Error t-statistic P-value C_2 3.20667 .384942 8.33028 [.000] A2_2 .276871 .052291 5.29485 [.000] P0_2 -.111026 .041322 -2.68683 [.007] P1_2 -.014651 .024836 -.589928 [.555] P2_2 .539351E-02 .024278 .222160 [.824] P3_2 -.015506 .024315 -.637699 [.524] P4_2 -.093263 .027964 -3.33506 [.001] P5_2 -.010753 .030324 -.354608 [.723] P6_2 .943371E-02 .032695 .288537 [.773] P7_2 -.067601 .024531 -2.75572 [.006] P8_2 -.646517E-02 .023826 -.271350 [.786] P9_2 -.033191 .024068 -1.37906 [.168] P10_2 .016788 .023577 .712032 [.476] P11_2 .210633E-02 .024844 .084784 [.932] P12_2 -.034081 .025242 -1.35014 [.177] P13_2 .022340 .024583 .908755 [.363] P14_2 -.029039 .023768 -1.22176 [.222] P15_2 -.030169 .023828 -1.26614 [.205] P16_2 -.041542 .024241 -1.71370 [.087] P17_2 -.638170E-02 .023930 -.266681 [.790] P18_2 .029006 .032193 .901021 [.368] P19_2 -.212880E-03 .028177 -.755519E-02 [.994] P20_2 -.211939E-02 .023912 -.088632 [.929] P21_2 .039533 .024040 1.64448 [.100] DI1_2 .162442 .022694 7.15798 [.000] DF1_2 .035302 .011439 3.08607 [.002] S1_2 -.181370 .070491 -2.57297 [.010] S2_2 .202763 .053225 3.80954 [.000] Standard Errors computed from quadratic form of analytic first derivatives (Gauss) Equation: EQ_NB2 Dependent variable: LPSE YMEAN 5.11995 S2 .467237 ARSQ .512860 SDEV .979358 S .683547 LMHET .032086 [.858] SSR 377.995 RSQ .528593 DW 1.97864 [<.846] INVESTOR #3 ===================== EQUATIONS: EQ_NB3 NOB 837 SBIC 949.185 LOGL -854.967 Standard Parameter Estimate Error t-statistic P-value C_3 3.20667 .384942 8.33028 [.000] A2_3 .276871 .052291 5.29485 [.000] P0_3 -.111026 .041322 -2.68683 [.007] P1_3 -.014651 .024836 -.589928 [.555] P2_3 .539351E-02 .024278 .222160 [.824] P3_3 -.015506 .024315 -.637699 [.524] P4_3 -.093263 .027964 -3.33506 [.001] P5_3 -.010753 .030324 -.354608 [.723] P6_3 .943371E-02 .032695 .288537 [.773] P7_3 -.067601 .024531 -2.75572 [.006] P8_3 -.646517E-02 .023826 -.271350 [.786] P9_3 -.033191 .024068 -1.37906 [.168] P10_3 .016788 .023577 .712032 [.476] P11_3 .210633E-02 .024844 .084784 [.932] P12_3 -.034081 .025242 -1.35014 [.177] P13_3 .022340 .024583 .908755 [.363] P14_3 -.029039 .023768 -1.22176 [.222] P15_3 -.030169 .023828 -1.26614 [.205] P16_3 -.041542 .024241 -1.71370 [.087] P17_3 -.638170E-02 .023930 -.266681 [.790] P18_3 .029006 .032193 .901021 [.368] P19_3 -.212880E-03 .028177 -.755519E-02 [.994] P20_3 -.211939E-02 .023912 -.088632 [.929] P21_3 .039533 .024040 1.64448 [.100] DI1_3 .162442 .022694 7.15798 [.000] DF1_3 .035302 .011439 3.08607 [.002] S1_3 -.181370 .070491 -2.57297 [.010] S2_3 .202763 .053225 3.80954 [.000] Standard Errors computed from quadratic form of analytic first derivatives (Gauss) Equation: EQ_NB3 Dependent variable: LPSE YMEAN 5.11995 S2 .467237 ARSQ .512860 SDEV .979358 S .683547 LMHET .032086 [.858] SSR 377.995 RSQ .528593 DW 1.97864 [<.846] INVESTOR #4 ===================== EQUATIONS: EQ_NB4 NOB 837 SBIC 949.185 LOGL -854.967 Standard Parameter Estimate Error t-statistic P-value C_4 3.20667 .384942 8.33028 [.000] A2_4 .276871 .052291 5.29485 [.000] P0_4 -.111026 .041322 -2.68683 [.007] P1_4 -.014651 .024836 -.589928 [.555] P2_4 .539351E-02 .024278 .222160 [.824] P3_4 -.015506 .024315 -.637699 [.524] P4_4 -.093263 .027964 -3.33506 [.001] P5_4 -.010753 .030324 -.354608 [.723] P6_4 .943371E-02 .032695 .288537 [.773] P7_4 -.067601 .024531 -2.75572 [.006] P8_4 -.646517E-02 .023826 -.271350 [.786] P9_4 -.033191 .024068 -1.37906 [.168] P10_4 .016788 .023577 .712032 [.476] P11_4 .210633E-02 .024844 .084784 [.932] P12_4 -.034081 .025242 -1.35014 [.177] P13_4 .022340 .024583 .908755 [.363] P14_4 -.029039 .023768 -1.22176 [.222] P15_4 -.030169 .023828 -1.26614 [.205] P16_4 -.041542 .024241 -1.71370 [.087] P17_4 -.638170E-02 .023930 -.266681 [.790] P18_4 .029006 .032193 .901021 [.368] P19_4 -.212880E-03 .028177 -.755519E-02 [.994] P20_4 -.211939E-02 .023912 -.088632 [.929] P21_4 .039533 .024040 1.64448 [.100] DI1_4 .162442 .022694 7.15798 [.000] DF1_4 .035302 .011439 3.08607 [.002] S1_4 -.181370 .070491 -2.57297 [.010] S2_4 .202763 .053225 3.80954 [.000] Standard Errors computed from quadratic form of analytic first derivatives (Gauss) Equation: EQ_NB4 Dependent variable: LPSE YMEAN 5.11995 S2 .467237 ARSQ .512860 SDEV .979358 S .683547 LMHET .032086 [.858] SSR 377.995 RSQ .528593 DW 1.97864 [<.846] INVESTOR #5 ===================== EQUATIONS: EQ_NB5 NOB 837 SBIC 949.185 LOGL -854.967 Standard Parameter Estimate Error t-statistic P-value C_5 3.20667 .384942 8.33028 [.000] A2_5 .276871 .052291 5.29485 [.000] P0_5 -.111026 .041322 -2.68683 [.007] P1_5 -.014651 .024836 -.589928 [.555] P2_5 .539351E-02 .024278 .222160 [.824] P3_5 -.015506 .024315 -.637699 [.524] P4_5 -.093263 .027964 -3.33506 [.001] P5_5 -.010753 .030324 -.354608 [.723] P6_5 .943371E-02 .032695 .288537 [.773] P7_5 -.067601 .024531 -2.75572 [.006] P8_5 -.646517E-02 .023826 -.271350 [.786] P9_5 -.033191 .024068 -1.37906 [.168] P10_5 .016788 .023577 .712032 [.476] P11_5 .210633E-02 .024844 .084784 [.932] P12_5 -.034081 .025242 -1.35014 [.177] P13_5 .022340 .024583 .908755 [.363] P14_5 -.029039 .023768 -1.22176 [.222] P15_5 -.030169 .023828 -1.26614 [.205] P16_5 -.041542 .024241 -1.71370 [.087] P17_5 -.638170E-02 .023930 -.266681 [.790] P18_5 .029006 .032193 .901021 [.368] P19_5 -.212880E-03 .028177 -.755519E-02 [.994] P20_5 -.211939E-02 .023912 -.088632 [.929] P21_5 .039533 .024040 1.64448 [.100] DI1_5 .162442 .022694 7.15798 [.000] DF1_5 .035302 .011439 3.08607 [.002] S1_5 -.181370 .070491 -2.57297 [.010] S2_5 .202763 .053225 3.80954 [.000] Standard Errors computed from quadratic form of analytic first derivatives (Gauss) Equation: EQ_NB5 Dependent variable: LPSE YMEAN 5.11995 S2 .467237 ARSQ .512860 SDEV .979358 S .683547 LMHET .032086 [.858] SSR 377.995 RSQ .528593 DW 1.97864 [<.846] INVESTOR #6 ===================== EQUATIONS: EQ_NB6 NOB 837 SBIC 949.185 LOGL -854.967 Standard Parameter Estimate Error t-statistic P-value C_6 3.20667 .384942 8.33028 [.000] A2_6 .276871 .052291 5.29485 [.000] P0_6 -.111026 .041322 -2.68683 [.007] P1_6 -.014651 .024836 -.589928 [.555] P2_6 .539351E-02 .024278 .222160 [.824] P3_6 -.015506 .024315 -.637699 [.524] P4_6 -.093263 .027964 -3.33506 [.001] P5_6 -.010753 .030324 -.354608 [.723] P6_6 .943371E-02 .032695 .288537 [.773] P7_6 -.067601 .024531 -2.75572 [.006] P8_6 -.646517E-02 .023826 -.271350 [.786] P9_6 -.033191 .024068 -1.37906 [.168] P10_6 .016788 .023577 .712032 [.476] P11_6 .210633E-02 .024844 .084784 [.932] P12_6 -.034081 .025242 -1.35014 [.177] P13_6 .022340 .024583 .908755 [.363] P14_6 -.029039 .023768 -1.22176 [.222] P15_6 -.030169 .023828 -1.26614 [.205] P16_6 -.041542 .024241 -1.71370 [.087] P17_6 -.638170E-02 .023930 -.266681 [.790] P18_6 .029006 .032193 .901021 [.368] P19_6 -.212880E-03 .028177 -.755519E-02 [.994] P20_6 -.211939E-02 .023912 -.088632 [.929] P21_6 .039533 .024040 1.64448 [.100] DI1_6 .162442 .022694 7.15798 [.000] DF1_6 .035302 .011439 3.08607 [.002] S1_6 -.181370 .070491 -2.57297 [.010] S2_6 .202763 .053225 3.80954 [.000] Standard Errors computed from quadratic form of analytic first derivatives (Gauss) Equation: EQ_NB6 Dependent variable: LPSE YMEAN 5.11995 S2 .467237 ARSQ .512860 SDEV .979358 S .683547 LMHET .032086 [.858] SSR 377.995 RSQ .528593 DW 1.97864 [<.846] INVESTOR #7 ===================== EQUATIONS: EQ_NB7 NOB 837 SBIC 949.185 LOGL -854.967 Standard Parameter Estimate Error t-statistic P-value C_7 3.20667 .384942 8.33028 [.000] A2_7 .276871 .052291 5.29485 [.000] P0_7 -.111026 .041322 -2.68683 [.007] P1_7 -.014651 .024836 -.589928 [.555] P2_7 .539351E-02 .024278 .222160 [.824] P3_7 -.015506 .024315 -.637699 [.524] P4_7 -.093263 .027964 -3.33506 [.001] P5_7 -.010753 .030324 -.354608 [.723] P6_7 .943371E-02 .032695 .288537 [.773] P7_7 -.067601 .024531 -2.75572 [.006] P8_7 -.646517E-02 .023826 -.271350 [.786] P9_7 -.033191 .024068 -1.37906 [.168] P10_7 .016788 .023577 .712032 [.476] P11_7 .210633E-02 .024844 .084784 [.932] P12_7 -.034081 .025242 -1.35014 [.177] P13_7 .022340 .024583 .908755 [.363] P14_7 -.029039 .023768 -1.22176 [.222] P15_7 -.030169 .023828 -1.26614 [.205] P16_7 -.041542 .024241 -1.71370 [.087] P17_7 -.638170E-02 .023930 -.266681 [.790] P18_7 .029006 .032193 .901021 [.368] P19_7 -.212880E-03 .028177 -.755519E-02 [.994] P20_7 -.211939E-02 .023912 -.088632 [.929] P21_7 .039533 .024040 1.64448 [.100] DI1_7 .162442 .022694 7.15798 [.000] DF1_7 .035302 .011439 3.08607 [.002] S1_7 -.181370 .070491 -2.57297 [.010] S2_7 .202763 .053225 3.80954 [.000] Standard Errors computed from quadratic form of analytic first derivatives (Gauss) Equation: EQ_NB7 Dependent variable: LPSE YMEAN 5.11995 S2 .467237 ARSQ .512860 SDEV .979358 S .683547 LMHET .032086 [.858] SSR 377.995 RSQ .528593 DW 1.97864 [<.846] INVESTOR #8 ===================== EQUATIONS: EQ_NB8 NOB 837 SBIC 949.185 LOGL -854.967 Standard Parameter Estimate Error t-statistic P-value C_8 3.20667 .384942 8.33028 [.000] A2_8 .276871 .052291 5.29485 [.000] P0_8 -.111026 .041322 -2.68683 [.007] P1_8 -.014651 .024836 -.589928 [.555] P2_8 .539351E-02 .024278 .222160 [.824] P3_8 -.015506 .024315 -.637699 [.524] P4_8 -.093263 .027964 -3.33506 [.001] P5_8 -.010753 .030324 -.354608 [.723] P6_8 .943371E-02 .032695 .288537 [.773] P7_8 -.067601 .024531 -2.75572 [.006] P8_8 -.646517E-02 .023826 -.271350 [.786] P9_8 -.033191 .024068 -1.37906 [.168] P10_8 .016788 .023577 .712032 [.476] P11_8 .210633E-02 .024844 .084784 [.932] P12_8 -.034081 .025242 -1.35014 [.177] P13_8 .022340 .024583 .908755 [.363] P14_8 -.029039 .023768 -1.22176 [.222] P15_8 -.030169 .023828 -1.26614 [.205] P16_8 -.041542 .024241 -1.71370 [.087] P17_8 -.638170E-02 .023930 -.266681 [.790] P18_8 .029006 .032193 .901021 [.368] P19_8 -.212880E-03 .028177 -.755519E-02 [.994] P20_8 -.211939E-02 .023912 -.088632 [.929] P21_8 .039533 .024040 1.64448 [.100] DI1_8 .162442 .022694 7.15798 [.000] DF1_8 .035302 .011439 3.08607 [.002] S1_8 -.181370 .070491 -2.57297 [.010] S2_8 .202763 .053225 3.80954 [.000] Standard Errors computed from quadratic form of analytic first derivatives (Gauss) Equation: EQ_NB8 Dependent variable: LPSE YMEAN 5.11995 S2 .467237 ARSQ .512860 SDEV .979358 S .683547 LMHET .032086 [.858] SSR 377.995 RSQ .528593 DW 1.97864 [<.846] INVESTOR #9 ===================== EQUATIONS: EQ_NB9 NOB 837 SBIC 949.185 LOGL -854.967 Standard Parameter Estimate Error t-statistic P-value C_9 3.20667 .384942 8.33028 [.000] A2_9 .276871 .052291 5.29485 [.000] P0_9 -.111026 .041322 -2.68683 [.007] P1_9 -.014651 .024836 -.589928 [.555] P2_9 .539351E-02 .024278 .222160 [.824] P3_9 -.015506 .024315 -.637699 [.524] P4_9 -.093263 .027964 -3.33506 [.001] P5_9 -.010753 .030324 -.354608 [.723] P6_9 .943371E-02 .032695 .288537 [.773] P7_9 -.067601 .024531 -2.75572 [.006] P8_9 -.646517E-02 .023826 -.271350 [.786] P9_9 -.033191 .024068 -1.37906 [.168] P10_9 .016788 .023577 .712032 [.476] P11_9 .210633E-02 .024844 .084784 [.932] P12_9 -.034081 .025242 -1.35014 [.177] P13_9 .022340 .024583 .908755 [.363] P14_9 -.029039 .023768 -1.22176 [.222] P15_9 -.030169 .023828 -1.26614 [.205] P16_9 -.041542 .024241 -1.71370 [.087] P17_9 -.638170E-02 .023930 -.266681 [.790] P18_9 .029006 .032193 .901021 [.368] P19_9 -.212880E-03 .028177 -.755519E-02 [.994] P20_9 -.211939E-02 .023912 -.088632 [.929] P21_9 .039533 .024040 1.64448 [.100] DI1_9 .162442 .022694 7.15798 [.000] DF1_9 .035302 .011439 3.08607 [.002] S1_9 -.181370 .070491 -2.57297 [.010] S2_9 .202763 .053225 3.80954 [.000] Standard Errors computed from quadratic form of analytic first derivatives (Gauss) Equation: EQ_NB9 Dependent variable: LPSE YMEAN 5.11995 S2 .467237 ARSQ .512860 SDEV .979358 S .683547 LMHET .032086 [.858] SSR 377.995 RSQ .528593 DW 1.97864 [<.846] INVESTOR #10 ====================== EQUATIONS: EQ_NB10 NOB 837 SBIC 949.185 LOGL -854.967 Standard Parameter Estimate Error t-statistic P-value C_10 3.20667 .384942 8.33028 [.000] A2_10 .276871 .052291 5.29485 [.000] P0_10 -.111026 .041322 -2.68683 [.007] P1_10 -.014651 .024836 -.589928 [.555] P2_10 .539351E-02 .024278 .222160 [.824] P3_10 -.015506 .024315 -.637699 [.524] P4_10 -.093263 .027964 -3.33506 [.001] P5_10 -.010753 .030324 -.354608 [.723] P6_10 .943371E-02 .032695 .288537 [.773] P7_10 -.067601 .024531 -2.75572 [.006] P8_10 -.646517E-02 .023826 -.271350 [.786] P9_10 -.033191 .024068 -1.37906 [.168] P10_10 .016788 .023577 .712032 [.476] P11_10 .210633E-02 .024844 .084784 [.932] P12_10 -.034081 .025242 -1.35014 [.177] P13_10 .022340 .024583 .908755 [.363] P14_10 -.029039 .023768 -1.22176 [.222] P15_10 -.030169 .023828 -1.26614 [.205] P16_10 -.041542 .024241 -1.71370 [.087] P17_10 -.638170E-02 .023930 -.266681 [.790] P18_10 .029006 .032193 .901021 [.368] P19_10 -.212880E-03 .028177 -.755519E-02 [.994] P20_10 -.211939E-02 .023912 -.088632 [.929] P21_10 .039533 .024040 1.64448 [.100] DI1_10 .162442 .022694 7.15798 [.000] DF1_10 .035302 .011439 3.08607 [.002] S1_10 -.181370 .070491 -2.57297 [.010] S2_10 .202763 .053225 3.80954 [.000] Standard Errors computed from quadratic form of analytic first derivatives (Gauss) Equation: EQ_NB10 Dependent variable: LPSE YMEAN 5.11995 S2 .467237 ARSQ .512860 SDEV .979358 S .683547 LMHET .032086 [.858] SSR 377.995 RSQ .528593 DW 1.97864 [<.846] INVESTOR #11 ====================== EQUATIONS: EQ_NB11 NOB 837 SBIC 949.185 LOGL -854.967 Standard Parameter Estimate Error t-statistic P-value C_11 3.20667 .384942 8.33028 [.000] A2_11 .276871 .052291 5.29485 [.000] P0_11 -.111026 .041322 -2.68683 [.007] P1_11 -.014651 .024836 -.589928 [.555] P2_11 .539351E-02 .024278 .222160 [.824] P3_11 -.015506 .024315 -.637699 [.524] P4_11 -.093263 .027964 -3.33506 [.001] P5_11 -.010753 .030324 -.354608 [.723] P6_11 .943371E-02 .032695 .288537 [.773] P7_11 -.067601 .024531 -2.75572 [.006] P8_11 -.646517E-02 .023826 -.271350 [.786] P9_11 -.033191 .024068 -1.37906 [.168] P10_11 .016788 .023577 .712032 [.476] P11_11 .210633E-02 .024844 .084784 [.932] P12_11 -.034081 .025242 -1.35014 [.177] P13_11 .022340 .024583 .908755 [.363] P14_11 -.029039 .023768 -1.22176 [.222] P15_11 -.030169 .023828 -1.26614 [.205] P16_11 -.041542 .024241 -1.71370 [.087] P17_11 -.638170E-02 .023930 -.266681 [.790] P18_11 .029006 .032193 .901021 [.368] P19_11 -.212880E-03 .028177 -.755519E-02 [.994] P20_11 -.211939E-02 .023912 -.088632 [.929] P21_11 .039533 .024040 1.64448 [.100] DI1_11 .162442 .022694 7.15798 [.000] DF1_11 .035302 .011439 3.08607 [.002] S1_11 -.181370 .070491 -2.57297 [.010] S2_11 .202763 .053225 3.80954 [.000] Standard Errors computed from quadratic form of analytic first derivatives (Gauss) Equation: EQ_NB11 Dependent variable: LPSE YMEAN 5.11995 S2 .467237 ARSQ .512860 SDEV .979358 S .683547 LMHET .032086 [.858] SSR 377.995 RSQ .528593 DW 1.97864 [<.846] INVESTOR #12 ====================== EQUATIONS: EQ_NB12 NOB 837 SBIC 949.185 LOGL -854.967 Standard Parameter Estimate Error t-statistic P-value C_12 3.20667 .384942 8.33028 [.000] A2_12 .276871 .052291 5.29485 [.000] P0_12 -.111026 .041322 -2.68683 [.007] P1_12 -.014651 .024836 -.589928 [.555] P2_12 .539351E-02 .024278 .222160 [.824] P3_12 -.015506 .024315 -.637699 [.524] P4_12 -.093263 .027964 -3.33506 [.001] P5_12 -.010753 .030324 -.354608 [.723] P6_12 .943371E-02 .032695 .288537 [.773] P7_12 -.067601 .024531 -2.75572 [.006] P8_12 -.646517E-02 .023826 -.271350 [.786] P9_12 -.033191 .024068 -1.37906 [.168] P10_12 .016788 .023577 .712032 [.476] P11_12 .210633E-02 .024844 .084784 [.932] P12_12 -.034081 .025242 -1.35014 [.177] P13_12 .022340 .024583 .908755 [.363] P14_12 -.029039 .023768 -1.22176 [.222] P15_12 -.030169 .023828 -1.26614 [.205] P16_12 -.041542 .024241 -1.71370 [.087] P17_12 -.638170E-02 .023930 -.266681 [.790] P18_12 .029006 .032193 .901021 [.368] P19_12 -.212880E-03 .028177 -.755519E-02 [.994] P20_12 -.211939E-02 .023912 -.088632 [.929] P21_12 .039533 .024040 1.64448 [.100] DI1_12 .162442 .022694 7.15798 [.000] DF1_12 .035302 .011439 3.08607 [.002] S1_12 -.181370 .070491 -2.57297 [.010] S2_12 .202763 .053225 3.80954 [.000] Standard Errors computed from quadratic form of analytic first derivatives (Gauss) Equation: EQ_NB12 Dependent variable: LPSE YMEAN 5.11995 S2 .467237 ARSQ .512860 SDEV .979358 S .683547 LMHET .032086 [.858] SSR 377.995 RSQ .528593 DW 1.97864 [<.846] INVESTOR #13 ====================== EQUATIONS: EQ_NB13 NOB 837 SBIC 949.185 LOGL -854.967 Standard Parameter Estimate Error t-statistic P-value C_13 3.20667 .384942 8.33028 [.000] A2_13 .276871 .052291 5.29485 [.000] P0_13 -.111026 .041322 -2.68683 [.007] P1_13 -.014651 .024836 -.589928 [.555] P2_13 .539351E-02 .024278 .222160 [.824] P3_13 -.015506 .024315 -.637699 [.524] P4_13 -.093263 .027964 -3.33506 [.001] P5_13 -.010753 .030324 -.354608 [.723] P6_13 .943371E-02 .032695 .288537 [.773] P7_13 -.067601 .024531 -2.75572 [.006] P8_13 -.646517E-02 .023826 -.271350 [.786] P9_13 -.033191 .024068 -1.37906 [.168] P10_13 .016788 .023577 .712032 [.476] P11_13 .210633E-02 .024844 .084784 [.932] P12_13 -.034081 .025242 -1.35014 [.177] P13_13 .022340 .024583 .908755 [.363] P14_13 -.029039 .023768 -1.22176 [.222] P15_13 -.030169 .023828 -1.26614 [.205] P16_13 -.041542 .024241 -1.71370 [.087] P17_13 -.638170E-02 .023930 -.266681 [.790] P18_13 .029006 .032193 .901021 [.368] P19_13 -.212880E-03 .028177 -.755519E-02 [.994] P20_13 -.211939E-02 .023912 -.088632 [.929] P21_13 .039533 .024040 1.64448 [.100] DI1_13 .162442 .022694 7.15798 [.000] DF1_13 .035302 .011439 3.08607 [.002] S1_13 -.181370 .070491 -2.57297 [.010] S2_13 .202763 .053225 3.80954 [.000] Standard Errors computed from quadratic form of analytic first derivatives (Gauss) Equation: EQ_NB13 Dependent variable: LPSE YMEAN 5.11995 S2 .467237 ARSQ .512860 SDEV .979358 S .683547 LMHET .032086 [.858] SSR 377.995 RSQ .528593 DW 1.97864 [<.846] INVESTOR #14 ====================== EQUATIONS: EQ_NB14 NOB 837 SBIC 949.185 LOGL -854.967 Standard Parameter Estimate Error t-statistic P-value C_14 3.20667 .384942 8.33028 [.000] A2_14 .276871 .052291 5.29485 [.000] P0_14 -.111026 .041322 -2.68683 [.007] P1_14 -.014651 .024836 -.589928 [.555] P2_14 .539351E-02 .024278 .222160 [.824] P3_14 -.015506 .024315 -.637699 [.524] P4_14 -.093263 .027964 -3.33506 [.001] P5_14 -.010753 .030324 -.354608 [.723] P6_14 .943371E-02 .032695 .288537 [.773] P7_14 -.067601 .024531 -2.75572 [.006] P8_14 -.646517E-02 .023826 -.271350 [.786] P9_14 -.033191 .024068 -1.37906 [.168] P10_14 .016788 .023577 .712032 [.476] P11_14 .210633E-02 .024844 .084784 [.932] P12_14 -.034081 .025242 -1.35014 [.177] P13_14 .022340 .024583 .908755 [.363] P14_14 -.029039 .023768 -1.22176 [.222] P15_14 -.030169 .023828 -1.26614 [.205] P16_14 -.041542 .024241 -1.71370 [.087] P17_14 -.638170E-02 .023930 -.266681 [.790] P18_14 .029006 .032193 .901021 [.368] P19_14 -.212880E-03 .028177 -.755519E-02 [.994] P20_14 -.211939E-02 .023912 -.088632 [.929] P21_14 .039533 .024040 1.64448 [.100] DI1_14 .162442 .022694 7.15798 [.000] DF1_14 .035302 .011439 3.08607 [.002] S1_14 -.181370 .070491 -2.57297 [.010] S2_14 .202763 .053225 3.80954 [.000] Standard Errors computed from quadratic form of analytic first derivatives (Gauss) Equation: EQ_NB14 Dependent variable: LPSE YMEAN 5.11995 S2 .467237 ARSQ .512860 SDEV .979358 S .683547 LMHET .032086 [.858] SSR 377.995 RSQ .528593 DW 1.97864 [<.846] INVESTOR #15 ====================== EQUATIONS: EQ_NB15 NOB 837 SBIC 949.185 LOGL -854.967 Standard Parameter Estimate Error t-statistic P-value C_15 3.20667 .384942 8.33028 [.000] A2_15 .276871 .052291 5.29485 [.000] P0_15 -.111026 .041322 -2.68683 [.007] P1_15 -.014651 .024836 -.589928 [.555] P2_15 .539351E-02 .024278 .222160 [.824] P3_15 -.015506 .024315 -.637699 [.524] P4_15 -.093263 .027964 -3.33506 [.001] P5_15 -.010753 .030324 -.354608 [.723] P6_15 .943371E-02 .032695 .288537 [.773] P7_15 -.067601 .024531 -2.75572 [.006] P8_15 -.646517E-02 .023826 -.271350 [.786] P9_15 -.033191 .024068 -1.37906 [.168] P10_15 .016788 .023577 .712032 [.476] P11_15 .210633E-02 .024844 .084784 [.932] P12_15 -.034081 .025242 -1.35014 [.177] P13_15 .022340 .024583 .908755 [.363] P14_15 -.029039 .023768 -1.22176 [.222] P15_15 -.030169 .023828 -1.26614 [.205] P16_15 -.041542 .024241 -1.71370 [.087] P17_15 -.638170E-02 .023930 -.266681 [.790] P18_15 .029006 .032193 .901021 [.368] P19_15 -.212880E-03 .028177 -.755519E-02 [.994] P20_15 -.211939E-02 .023912 -.088632 [.929] P21_15 .039533 .024040 1.64448 [.100] DI1_15 .162442 .022694 7.15798 [.000] DF1_15 .035302 .011439 3.08607 [.002] S1_15 -.181370 .070491 -2.57297 [.010] S2_15 .202763 .053225 3.80954 [.000] Standard Errors computed from quadratic form of analytic first derivatives (Gauss) Equation: EQ_NB15 Dependent variable: LPSE YMEAN 5.11995 S2 .467237 ARSQ .512860 SDEV .979358 S .683547 LMHET .032086 [.858] SSR 377.995 RSQ .528593 DW 1.97864 [<.846] INVESTOR #16 ====================== EQUATIONS: EQ_NB16 NOB 837 SBIC 949.185 LOGL -854.967 Standard Parameter Estimate Error t-statistic P-value C_16 3.20667 .384942 8.33028 [.000] A2_16 .276871 .052291 5.29485 [.000] P0_16 -.111026 .041322 -2.68683 [.007] P1_16 -.014651 .024836 -.589928 [.555] P2_16 .539351E-02 .024278 .222160 [.824] P3_16 -.015506 .024315 -.637699 [.524] P4_16 -.093263 .027964 -3.33506 [.001] P5_16 -.010753 .030324 -.354608 [.723] P6_16 .943371E-02 .032695 .288537 [.773] P7_16 -.067601 .024531 -2.75572 [.006] P8_16 -.646517E-02 .023826 -.271350 [.786] P9_16 -.033191 .024068 -1.37906 [.168] P10_16 .016788 .023577 .712032 [.476] P11_16 .210633E-02 .024844 .084784 [.932] P12_16 -.034081 .025242 -1.35014 [.177] P13_16 .022340 .024583 .908755 [.363] P14_16 -.029039 .023768 -1.22176 [.222] P15_16 -.030169 .023828 -1.26614 [.205] P16_16 -.041542 .024241 -1.71370 [.087] P17_16 -.638170E-02 .023930 -.266681 [.790] P18_16 .029006 .032193 .901021 [.368] P19_16 -.212880E-03 .028177 -.755519E-02 [.994] P20_16 -.211939E-02 .023912 -.088632 [.929] P21_16 .039533 .024040 1.64448 [.100] DI1_16 .162442 .022694 7.15798 [.000] DF1_16 .035302 .011439 3.08607 [.002] S1_16 -.181370 .070491 -2.57297 [.010] S2_16 .202763 .053225 3.80954 [.000] Standard Errors computed from quadratic form of analytic first derivatives (Gauss) Equation: EQ_NB16 Dependent variable: LPSE YMEAN 5.11995 S2 .467237 ARSQ .512860 SDEV .979358 S .683547 LMHET .032086 [.858] SSR 377.995 RSQ .528593 DW 1.97864 [<.846] INVESTOR #17 ====================== EQUATIONS: EQ_NB17 NOB 837 SBIC 949.185 LOGL -854.967 Standard Parameter Estimate Error t-statistic P-value C_17 3.20667 .384942 8.33028 [.000] A2_17 .276871 .052291 5.29485 [.000] P0_17 -.111026 .041322 -2.68683 [.007] P1_17 -.014651 .024836 -.589928 [.555] P2_17 .539351E-02 .024278 .222160 [.824] P3_17 -.015506 .024315 -.637699 [.524] P4_17 -.093263 .027964 -3.33506 [.001] P5_17 -.010753 .030324 -.354608 [.723] P6_17 .943371E-02 .032695 .288537 [.773] P7_17 -.067601 .024531 -2.75572 [.006] P8_17 -.646517E-02 .023826 -.271350 [.786] P9_17 -.033191 .024068 -1.37906 [.168] P10_17 .016788 .023577 .712032 [.476] P11_17 .210633E-02 .024844 .084784 [.932] P12_17 -.034081 .025242 -1.35014 [.177] P13_17 .022340 .024583 .908755 [.363] P14_17 -.029039 .023768 -1.22176 [.222] P15_17 -.030169 .023828 -1.26614 [.205] P16_17 -.041542 .024241 -1.71370 [.087] P17_17 -.638170E-02 .023930 -.266681 [.790] P18_17 .029006 .032193 .901021 [.368] P19_17 -.212880E-03 .028177 -.755519E-02 [.994] P20_17 -.211939E-02 .023912 -.088632 [.929] P21_17 .039533 .024040 1.64448 [.100] DI1_17 .162442 .022694 7.15798 [.000] DF1_17 .035302 .011439 3.08607 [.002] S1_17 -.181370 .070491 -2.57297 [.010] S2_17 .202763 .053225 3.80954 [.000] Standard Errors computed from quadratic form of analytic first derivatives (Gauss) Equation: EQ_NB17 Dependent variable: LPSE YMEAN 5.11995 S2 .467237 ARSQ .512860 SDEV .979358 S .683547 LMHET .032086 [.858] SSR 377.995 RSQ .528593 DW 1.97864 [<.846] INVESTOR #18 ====================== EQUATIONS: EQ_NB18 NOB 837 SBIC 949.185 LOGL -854.967 Standard Parameter Estimate Error t-statistic P-value C_18 3.20667 .384942 8.33028 [.000] A2_18 .276871 .052291 5.29485 [.000] P0_18 -.111026 .041322 -2.68683 [.007] P1_18 -.014651 .024836 -.589928 [.555] P2_18 .539351E-02 .024278 .222160 [.824] P3_18 -.015506 .024315 -.637699 [.524] P4_18 -.093263 .027964 -3.33506 [.001] P5_18 -.010753 .030324 -.354608 [.723] P6_18 .943371E-02 .032695 .288537 [.773] P7_18 -.067601 .024531 -2.75572 [.006] P8_18 -.646517E-02 .023826 -.271350 [.786] P9_18 -.033191 .024068 -1.37906 [.168] P10_18 .016788 .023577 .712032 [.476] P11_18 .210633E-02 .024844 .084784 [.932] P12_18 -.034081 .025242 -1.35014 [.177] P13_18 .022340 .024583 .908755 [.363] P14_18 -.029039 .023768 -1.22176 [.222] P15_18 -.030169 .023828 -1.26614 [.205] P16_18 -.041542 .024241 -1.71370 [.087] P17_18 -.638170E-02 .023930 -.266681 [.790] P18_18 .029006 .032193 .901021 [.368] P19_18 -.212880E-03 .028177 -.755519E-02 [.994] P20_18 -.211939E-02 .023912 -.088632 [.929] P21_18 .039533 .024040 1.64448 [.100] DI1_18 .162442 .022694 7.15798 [.000] DF1_18 .035302 .011439 3.08607 [.002] S1_18 -.181370 .070491 -2.57297 [.010] S2_18 .202763 .053225 3.80954 [.000] Standard Errors computed from quadratic form of analytic first derivatives (Gauss) Equation: EQ_NB18 Dependent variable: LPSE YMEAN 5.11995 S2 .467237 ARSQ .512860 SDEV .979358 S .683547 LMHET .032086 [.858] SSR 377.995 RSQ .528593 DW 1.97864 [<.846] INVESTOR #19 ====================== EQUATIONS: EQ_NB19 NOB 837 SBIC 949.185 LOGL -854.967 Standard Parameter Estimate Error t-statistic P-value C_19 3.20667 .384942 8.33028 [.000] A2_19 .276871 .052291 5.29485 [.000] P0_19 -.111026 .041322 -2.68683 [.007] P1_19 -.014651 .024836 -.589928 [.555] P2_19 .539351E-02 .024278 .222160 [.824] P3_19 -.015506 .024315 -.637699 [.524] P4_19 -.093263 .027964 -3.33506 [.001] P5_19 -.010753 .030324 -.354608 [.723] P6_19 .943371E-02 .032695 .288537 [.773] P7_19 -.067601 .024531 -2.75572 [.006] P8_19 -.646517E-02 .023826 -.271350 [.786] P9_19 -.033191 .024068 -1.37906 [.168] P10_19 .016788 .023577 .712032 [.476] P11_19 .210633E-02 .024844 .084784 [.932] P12_19 -.034081 .025242 -1.35014 [.177] P13_19 .022340 .024583 .908755 [.363] P14_19 -.029039 .023768 -1.22176 [.222] P15_19 -.030169 .023828 -1.26614 [.205] P16_19 -.041542 .024241 -1.71370 [.087] P17_19 -.638170E-02 .023930 -.266681 [.790] P18_19 .029006 .032193 .901021 [.368] P19_19 -.212880E-03 .028177 -.755519E-02 [.994] P20_19 -.211939E-02 .023912 -.088632 [.929] P21_19 .039533 .024040 1.64448 [.100] DI1_19 .162442 .022694 7.15798 [.000] DF1_19 .035302 .011439 3.08607 [.002] S1_19 -.181370 .070491 -2.57297 [.010] S2_19 .202763 .053225 3.80954 [.000] Standard Errors computed from quadratic form of analytic first derivatives (Gauss) Equation: EQ_NB19 Dependent variable: LPSE YMEAN 5.11995 S2 .467237 ARSQ .512860 SDEV .979358 S .683547 LMHET .032086 [.858] SSR 377.995 RSQ .528593 DW 1.97864 [<.846] INVESTOR #20 ====================== EQUATIONS: EQ_NB20 NOB 837 SBIC 949.185 LOGL -854.967 Standard Parameter Estimate Error t-statistic P-value C_20 3.20667 .384942 8.33028 [.000] A2_20 .276871 .052291 5.29485 [.000] P0_20 -.111026 .041322 -2.68683 [.007] P1_20 -.014651 .024836 -.589928 [.555] P2_20 .539351E-02 .024278 .222160 [.824] P3_20 -.015506 .024315 -.637699 [.524] P4_20 -.093263 .027964 -3.33506 [.001] P5_20 -.010753 .030324 -.354608 [.723] P6_20 .943371E-02 .032695 .288537 [.773] P7_20 -.067601 .024531 -2.75572 [.006] P8_20 -.646517E-02 .023826 -.271350 [.786] P9_20 -.033191 .024068 -1.37906 [.168] P10_20 .016788 .023577 .712032 [.476] P11_20 .210633E-02 .024844 .084784 [.932] P12_20 -.034081 .025242 -1.35014 [.177] P13_20 .022340 .024583 .908755 [.363] P14_20 -.029039 .023768 -1.22176 [.222] P15_20 -.030169 .023828 -1.26614 [.205] P16_20 -.041542 .024241 -1.71370 [.087] P17_20 -.638170E-02 .023930 -.266681 [.790] P18_20 .029006 .032193 .901021 [.368] P19_20 -.212880E-03 .028177 -.755519E-02 [.994] P20_20 -.211939E-02 .023912 -.088632 [.929] P21_20 .039533 .024040 1.64448 [.100] DI1_20 .162442 .022694 7.15798 [.000] DF1_20 .035302 .011439 3.08607 [.002] S1_20 -.181370 .070491 -2.57297 [.010] S2_20 .202763 .053225 3.80954 [.000] Standard Errors computed from quadratic form of analytic first derivatives (Gauss) Equation: EQ_NB20 Dependent variable: LPSE YMEAN 5.11995 S2 .467237 ARSQ .512860 SDEV .979358 S .683547 LMHET .032086 [.858] SSR 377.995 RSQ .528593 DW 1.97864 [<.846] INVESTOR #21 ====================== EQUATIONS: EQ_NB21 NOB 837 SBIC 949.185 LOGL -854.967 Standard Parameter Estimate Error t-statistic P-value C_21 3.20667 .384942 8.33028 [.000] A2_21 .276871 .052291 5.29485 [.000] P0_21 -.111026 .041322 -2.68683 [.007] P1_21 -.014651 .024836 -.589928 [.555] P2_21 .539351E-02 .024278 .222160 [.824] P3_21 -.015506 .024315 -.637699 [.524] P4_21 -.093263 .027964 -3.33506 [.001] P5_21 -.010753 .030324 -.354608 [.723] P6_21 .943371E-02 .032695 .288537 [.773] P7_21 -.067601 .024531 -2.75572 [.006] P8_21 -.646517E-02 .023826 -.271350 [.786] P9_21 -.033191 .024068 -1.37906 [.168] P10_21 .016788 .023577 .712032 [.476] P11_21 .210633E-02 .024844 .084784 [.932] P12_21 -.034081 .025242 -1.35014 [.177] P13_21 .022340 .024583 .908755 [.363] P14_21 -.029039 .023768 -1.22176 [.222] P15_21 -.030169 .023828 -1.26614 [.205] P16_21 -.041542 .024241 -1.71370 [.087] P17_21 -.638170E-02 .023930 -.266681 [.790] P18_21 .029006 .032193 .901021 [.368] P19_21 -.212880E-03 .028177 -.755519E-02 [.994] P20_21 -.211939E-02 .023912 -.088632 [.929] P21_21 .039533 .024040 1.64448 [.100] DI1_21 .162442 .022694 7.15798 [.000] DF1_21 .035302 .011439 3.08607 [.002] S1_21 -.181370 .070491 -2.57297 [.010] S2_21 .202763 .053225 3.80954 [.000] Standard Errors computed from quadratic form of analytic first derivatives (Gauss) Equation: EQ_NB21 Dependent variable: LPSE YMEAN 5.11995 S2 .467237 ARSQ .512860 SDEV .979358 S .683547 LMHET .032086 [.858] SSR 377.995 RSQ .528593 DW 1.97864 [<.846] INVESTOR #22 ====================== EQUATIONS: EQ_NB22 NOB 837 SBIC 949.185 LOGL -854.967 Standard Parameter Estimate Error t-statistic P-value C_22 3.20667 .384942 8.33028 [.000] A2_22 .276871 .052291 5.29485 [.000] P0_22 -.111026 .041322 -2.68683 [.007] P1_22 -.014651 .024836 -.589928 [.555] P2_22 .539351E-02 .024278 .222160 [.824] P3_22 -.015506 .024315 -.637699 [.524] P4_22 -.093263 .027964 -3.33506 [.001] P5_22 -.010753 .030324 -.354608 [.723] P6_22 .943371E-02 .032695 .288537 [.773] P7_22 -.067601 .024531 -2.75572 [.006] P8_22 -.646517E-02 .023826 -.271350 [.786] P9_22 -.033191 .024068 -1.37906 [.168] P10_22 .016788 .023577 .712032 [.476] P11_22 .210633E-02 .024844 .084784 [.932] P12_22 -.034081 .025242 -1.35014 [.177] P13_22 .022340 .024583 .908755 [.363] P14_22 -.029039 .023768 -1.22176 [.222] P15_22 -.030169 .023828 -1.26614 [.205] P16_22 -.041542 .024241 -1.71370 [.087] P17_22 -.638170E-02 .023930 -.266681 [.790] P18_22 .029006 .032193 .901021 [.368] P19_22 -.212880E-03 .028177 -.755519E-02 [.994] P20_22 -.211939E-02 .023912 -.088632 [.929] P21_22 .039533 .024040 1.64448 [.100] DI1_22 .162442 .022694 7.15798 [.000] DF1_22 .035302 .011439 3.08607 [.002] S1_22 -.181370 .070491 -2.57297 [.010] S2_22 .202763 .053225 3.80954 [.000] Standard Errors computed from quadratic form of analytic first derivatives (Gauss) Equation: EQ_NB22 Dependent variable: LPSE YMEAN 5.11995 S2 .467237 ARSQ .512860 SDEV .979358 S .683547 LMHET .032086 [.858] SSR 377.995 RSQ .528593 DW 1.97864 [<.846] INVESTOR #23 ====================== EQUATIONS: EQ_NB23 NOB 837 SBIC 949.185 LOGL -854.967 Standard Parameter Estimate Error t-statistic P-value C_23 3.20667 .384942 8.33028 [.000] A2_23 .276871 .052291 5.29485 [.000] P0_23 -.111026 .041322 -2.68683 [.007] P1_23 -.014651 .024836 -.589928 [.555] P2_23 .539351E-02 .024278 .222160 [.824] P3_23 -.015506 .024315 -.637699 [.524] P4_23 -.093263 .027964 -3.33506 [.001] P5_23 -.010753 .030324 -.354608 [.723] P6_23 .943371E-02 .032695 .288537 [.773] P7_23 -.067601 .024531 -2.75572 [.006] P8_23 -.646517E-02 .023826 -.271350 [.786] P9_23 -.033191 .024068 -1.37906 [.168] P10_23 .016788 .023577 .712032 [.476] P11_23 .210633E-02 .024844 .084784 [.932] P12_23 -.034081 .025242 -1.35014 [.177] P13_23 .022340 .024583 .908755 [.363] P14_23 -.029039 .023768 -1.22176 [.222] P15_23 -.030169 .023828 -1.26614 [.205] P16_23 -.041542 .024241 -1.71370 [.087] P17_23 -.638170E-02 .023930 -.266681 [.790] P18_23 .029006 .032193 .901021 [.368] P19_23 -.212880E-03 .028177 -.755519E-02 [.994] P20_23 -.211939E-02 .023912 -.088632 [.929] P21_23 .039533 .024040 1.64448 [.100] DI1_23 .162442 .022694 7.15798 [.000] DF1_23 .035302 .011439 3.08607 [.002] S1_23 -.181370 .070491 -2.57297 [.010] S2_23 .202763 .053225 3.80954 [.000] Standard Errors computed from quadratic form of analytic first derivatives (Gauss) Equation: EQ_NB23 Dependent variable: LPSE YMEAN 5.11995 S2 .467237 ARSQ .512860 SDEV .979358 S .683547 LMHET .032086 [.858] SSR 377.995 RSQ .528593 DW 1.97864 [<.846] INVESTOR #24 ====================== EQUATIONS: EQ_NB24 NOB 837 SBIC 949.185 LOGL -854.967 Standard Parameter Estimate Error t-statistic P-value C_24 3.20667 .384942 8.33028 [.000] A2_24 .276871 .052291 5.29485 [.000] P0_24 -.111026 .041322 -2.68683 [.007] P1_24 -.014651 .024836 -.589928 [.555] P2_24 .539351E-02 .024278 .222160 [.824] P3_24 -.015506 .024315 -.637699 [.524] P4_24 -.093263 .027964 -3.33506 [.001] P5_24 -.010753 .030324 -.354608 [.723] P6_24 .943371E-02 .032695 .288537 [.773] P7_24 -.067601 .024531 -2.75572 [.006] P8_24 -.646517E-02 .023826 -.271350 [.786] P9_24 -.033191 .024068 -1.37906 [.168] P10_24 .016788 .023577 .712032 [.476] P11_24 .210633E-02 .024844 .084784 [.932] P12_24 -.034081 .025242 -1.35014 [.177] P13_24 .022340 .024583 .908755 [.363] P14_24 -.029039 .023768 -1.22176 [.222] P15_24 -.030169 .023828 -1.26614 [.205] P16_24 -.041542 .024241 -1.71370 [.087] P17_24 -.638170E-02 .023930 -.266681 [.790] P18_24 .029006 .032193 .901021 [.368] P19_24 -.212880E-03 .028177 -.755519E-02 [.994] P20_24 -.211939E-02 .023912 -.088632 [.929] P21_24 .039533 .024040 1.64448 [.100] DI1_24 .162442 .022694 7.15798 [.000] DF1_24 .035302 .011439 3.08607 [.002] S1_24 -.181370 .070491 -2.57297 [.010] S2_24 .202763 .053225 3.80954 [.000] Standard Errors computed from quadratic form of analytic first derivatives (Gauss) Equation: EQ_NB24 Dependent variable: LPSE YMEAN 5.11995 S2 .467237 ARSQ .512860 SDEV .979358 S .683547 LMHET .032086 [.858] SSR 377.995 RSQ .528593 DW 1.97864 [<.846] INVESTOR #25 ====================== EQUATIONS: EQ_NB25 NOB 837 SBIC 949.185 LOGL -854.967 Standard Parameter Estimate Error t-statistic P-value C_25 3.20667 .384942 8.33028 [.000] A2_25 .276871 .052291 5.29485 [.000] P0_25 -.111026 .041322 -2.68683 [.007] P1_25 -.014651 .024836 -.589928 [.555] P2_25 .539351E-02 .024278 .222160 [.824] P3_25 -.015506 .024315 -.637699 [.524] P4_25 -.093263 .027964 -3.33506 [.001] P5_25 -.010753 .030324 -.354608 [.723] P6_25 .943371E-02 .032695 .288537 [.773] P7_25 -.067601 .024531 -2.75572 [.006] P8_25 -.646517E-02 .023826 -.271350 [.786] P9_25 -.033191 .024068 -1.37906 [.168] P10_25 .016788 .023577 .712032 [.476] P11_25 .210633E-02 .024844 .084784 [.932] P12_25 -.034081 .025242 -1.35014 [.177] P13_25 .022340 .024583 .908755 [.363] P14_25 -.029039 .023768 -1.22176 [.222] P15_25 -.030169 .023828 -1.26614 [.205] P16_25 -.041542 .024241 -1.71370 [.087] P17_25 -.638170E-02 .023930 -.266681 [.790] P18_25 .029006 .032193 .901021 [.368] P19_25 -.212880E-03 .028177 -.755519E-02 [.994] P20_25 -.211939E-02 .023912 -.088632 [.929] P21_25 .039533 .024040 1.64448 [.100] DI1_25 .162442 .022694 7.15798 [.000] DF1_25 .035302 .011439 3.08607 [.002] S1_25 -.181370 .070491 -2.57297 [.010] S2_25 .202763 .053225 3.80954 [.000] Standard Errors computed from quadratic form of analytic first derivatives (Gauss) Equation: EQ_NB25 Dependent variable: LPSE YMEAN 5.11995 S2 .467237 ARSQ .512860 SDEV .979358 S .683547 LMHET .032086 [.858] SSR 377.995 RSQ .528593 DW 1.97864 [<.846]