Dependent Variable: Y

Method: ML - Binary Logit

Date: 12/29/07   Time: 21:40

Sample: 1 281

Included observations: 281

Convergence achieved after 3 iterations

Covariance matrix computed using second derivatives

Variable

Coefficient

Std. Error

z-Statistic

Prob. 

X1

-0.362057

0.208657

-1.735180

0.0827

X2

-0.169653

0.238066

-0.712631

0.4761

X3

-0.021622

0.173394

-0.124696

0.9008

X4

0.034582

0.226692

0.152548

0.8788

X5

-0.341818

0.183075

-1.867095

0.0619

X6

0.175809

0.278486

0.631302

0.5278

X7

0.482995

0.214923

2.247293

0.0246

X8

-0.095851

0.164361

-0.583174

0.5598

X9

-0.040749

0.213116

-0.191205

0.8484

X10

-0.321271

0.406809

-0.789734

0.4297

X11

0.531062

0.192782

2.754731

0.0059

X12

0.296576

0.371739

0.797807

0.4250

Mean dependent var

0.516014

    S.D. dependent var

0.500635

S.E. of regression

0.472029

    Akaike info criterion

1.311418

Sum squared resid

59.93632

    Schwarz criterion

1.466793

Log likelihood

-172.2542

    Hannan-Quinn criter.

1.373732

Avg. log likelihood

-0.613004

Obs with Dep=0

136

     Total obs

281

Obs with Dep=1

145