how does the Tobit model treat censored dependent variable data?
I have a dataset with zeros that actually stand for non-zero but missing observations. Which is why I don't want them to be viewed as zeros. How does Tobit apply to this?
how does the Tobit model treat censored dependent variable data?
I have a dataset with zeros that actually stand for non-zero but missing observations. Which is why I don't want them to be viewed as zeros. How does Tobit apply to this?