Table 4
Diagnostic test results
Diagnostic test
Test
p
-value
Conclusion
Normality
Jarque-Bera
0.434
Residuals are normal
Serial correlation
Breusch-Godfrey LM
0.198
No serial correlation
Heteroscedasticity
Breusch-Pagan-Godfrey
0.425
No heteroscedasticity
Diagnostic test
Test
p
-value
Conclusion
Normality
Jarque-Bera
0.434
Residuals are normal
Serial correlation
Breusch-Godfrey LM
0.198
No serial correlation
Heteroscedasticity
Breusch-Pagan-Godfrey
0.425
No heteroscedasticity
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