[Retracted] Evaluating Investors’ Recognition Abilities for Risk and Profit in Online Loan Markets Using Nonlinear Models and Financial Big Data

Table 8

Regression results to time and participant number for being full.

	Explained variable: time for being full		Explained variable: participant number for being full
Explanatory variables	Equation (11)	Equation (12)	Equation (13)	Equation (14)
	Estimated values and value	Estimated values and value	Estimated values and value	Estimated values and value
Mean equation
Constant term	0.6105 (≤0.001)	0.4612 (≤0.001)	0.1266 (≤0.001)	0.1228 (≤0.001)
	-0.0472 (≤0.001)		-0.0080 (≤0.001)
		-0.0361 (≤0.001)		-0.0104 (≤0.001)
	1.1429 (≤0.001)	1.3552 (≤0.001)	0.0364 (≤0.001)	0.0340 (≤0.001)
	-0.0538 (≤0.001)	-0.0401 (≤0.001)	-0.0043 (≤0.001)	-0.0039 (≤0.001)
	0.0233 (≤0.001)	0.9949 (≤0.001)	0.9686 (≤0.001)	0.9691 (≤0.001)
		-0.9917 (≤0.001)	-0.7951 (≤0.001)	-0.7958 (≤0.001)
	0.8968 (≤0.001)
ma(2)	-0.8721 (≤0.001)
Variance equation
Constant term			0.0001 (≤0.001)	0.0001 (≤0.001)
RESID(-1)^2	0.0615 (≤0.001)	0.2222 (≤0.001)	0.0993 (≤0.001)	0.0984 (≤0.001)
GARCH(-1)	-0.0614 (≤0.001)	-0.2219 (≤0.001)	0.8983 (≤0.001)	0.8992 (≤0.001)
RESID(-2)^2	1.7409 (≤0.001)	1.4562 (≤0.001)
GARCH(-2)	-0.7410 (≤0.001)	-0.4565 (≤0.001)
Residual test
-statistics of heteroskedasticity test	0.0718 (0.7888)	0.1073 (0.7432)	0.6906 (0.406)	0.7312 (0.3925)
DW value of autocorrelation test	1.8636	1.8412	1.9292	1.9271
Root inverse of ar and ma	Within unit circle	Within unit circle	Within unit circle	Within unit circle
ADF statistics of stationarity test	-34.3592 (≤0.001)	-42.9152 (≤0.001)	-31.3891 (≤0.001)	-31.4052 (≤0.001)

Note: means that the corresponding coefficient is significant at 1% significance level.