Table 5. Residual covariance matrix for... | Emerald Publishing

Table 5.

Residual covariance matrix for housing finance (HFE) model (unstandardised and standardised)

Variables	HFE2	HFE4	HFE7	HFE11	HFE13
Unstandardised residual covariance matrix
HFE2	0.000
HFE4	0.091	−0.000
HFE7	0.005	−0.010	0.000
HFE11	−0.034	−0.039	0.022	0.000
HFE13	−0.009	−0.006	−0.021	0.023	0.000
Average absolute standardised residual = 0.0174
Average off-diagonal absolute standardised residual = 0.0260
% falling between −0.1 + 0.1 = 100%
Standardised residual covariance matrix

HFE2	0.000
HFE4	0.093	−0.000
HFE7	0.004	−0.011	0.000
HFE11	−0.033	−0.045	0.022	0.000
HFE13	−0.008	−0.006	−0.019	0.022	0.000
Average absolute standardised residual = 0.0176
Average off-diagonal absolute standardised Residual = 0.0263
% falling between −0.1 + 0.1 = 100%

Variables	HFE2	HFE4	HFE7	HFE11	HFE13
Unstandardised residual covariance matrix
HFE2	0.000
HFE4	0.091	−0.000
HFE7	0.005	−0.010	0.000
HFE11	−0.034	−0.039	0.022	0.000
HFE13	−0.009	−0.006	−0.021	0.023	0.000
Average absolute standardised residual = 0.0174
Average off-diagonal absolute standardised residual = 0.0260
% falling between −0.1 + 0.1 = 100%
Standardised residual covariance matrix

HFE2	0.000
HFE4	0.093	−0.000
HFE7	0.004	−0.011	0.000
HFE11	−0.033	−0.045	0.022	0.000
HFE13	−0.008	−0.006	−0.019	0.022	0.000
Average absolute standardised residual = 0.0176
Average off-diagonal absolute standardised Residual = 0.0263
% falling between −0.1 + 0.1 = 100%

Source(s): Authors’ compilation