Augmented Dickey-Fuller Unit Root Test

Specification

H₀ Series has a unit root (non-stationary)
H₁ Series is stationary
Deterministic terms Constant
Lag length N
Observations N

Results

Value

Test statistic (τ) N
P-value N

Critical Values

N% N% N%

N N N


Conclusion Fail to reject H₀ (series appears non-stationary)
Note pN, pN, pN
