| Statistics | Prob | Decision |
---|---|---|---|
Breusch–Godfrey LM test | 0.174 | 0.6861 | No serial correlation |
Breusch–Pagan test for heteroskedasticity | 0.87 | 0.3509 | Constant variance |
White's test | 19.00 | 0.3918 | Homoskedastic |
Histogram-normality test | 1.567 | 0.4569 | Normally distributed |
Cumulative sum test for parameter stability | 0.2206 | 0.9479 | Structural break |