I have a continuous response variable that ranges from 0 to 750. I
only have 90 observations and 26 are at the lower limit of 0, which is
the modal category. The mean is about 60 and the median is 3; the
distribution is highly skewed, extremely kurtotic, etc. Obviously,
none of the power
Rich Ulrich [EMAIL PROTECTED] wrote in message
news:[EMAIL PROTECTED]...
On 27 Feb 2002 11:59:53 -0800, [EMAIL PROTECTED] (Brad Anderson)
wrote:
I have a continuous response variable that ranges from 0 to 750. I
only have 90 observations and 26 are at the lower limit of 0, which
[EMAIL PROTECTED] (Eric Bohlman) wrote in message
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Rolf Dalin [EMAIL PROTECTED] wrote:
IIRC, your example is exactly the sort of situation for which Tobit
modelling was invented.
Considered that (actually estimated a couple of Tobit models and if I
use
