ADF Test Statistic 2.656213 1% Critical Value* -3.7076
5% Critical Value -2.9798
10% Critical Value -2.6290
*MacKinnon critical values for rejection of hypothesis of a unit root.
Augmented Dickey-Fuller Test Equation
Dependent Variable: D(NCXFZC)
Method: Least Squares
Date: 04/22/14 Time: 10:22
Sample(adjusted): 1987 2012
Included observations: 26 after adjusting endpoints
Variable Coefficient Std. Error t-Statistic Prob.
NCXFZC(-1) 0.076517 0.028807 2.656213 0.0141
D(NCXFZC(-1)) -0.003530 0.244899 -0.014414 0.9886
C -12.29306 23.76400 -0.517298 0.6099
R-squared 0.420348 Mean dependent var 71.56795
Adjusted R-squared 0.369944 S.D. dependent var 63.32351
S.E. of regression 50.26373 Akaike info criterion 10.78061
Sum squared resid 58108.18 Schwarz criterion 10.92578
Log likelihood -137.1479 F-statistic 8.339493
Durbin-Watson stat 1.901243 Prob(F-statistic) 0.001890