Tobin's Tobit Data
Economists fit a parametric censored data model called the
‘tobit’. These data are from Tobin's original paper.
A data frame with 20 observations on the following 3 variables.
durable: Durable goods purchase
age: Age in years
quant: Liquidity ratio (x 1000)
J. Tobin, Estimation of relationships for limited dependent
variables, Econometrica, v26, 24-36, 1958.
Dataset imported from https://www.r-project.org.