tobin {survival} | R Documentation |
Economists fit a parametric censored data model called the `tobit'. These data are from Tobin's original paper.
data(tobin)
A data frame with 20 observations on the following 3 variables.
J. Tobin, Estimation of relationships for limited dependent variables, Econometrica, v26, 24-36, 1958.
tfit <- survreg(Surv(durable, durable>0, type='left') ~age + quant, data=tobin, dist='gaussian') predict(tfit,type="response")