Note the following about the Tobit2.jmp data table:
Age and Liquidity are independent variables.
The table also includes the model and tobit loss function. The model in residual form is durable-(b0+b1*age+b2*liquidity). To see the formula associated with Tobit Loss, right-click on the column and select Formula.
1.
Select Help > Sample Data Library and open Reliability/Tobit2.jmp.
2.
Select Analyze > Specialized Modeling > Nonlinear.
3.
Select Model and click X, Predictor Formula.
4.
Select Tobit Loss and click Loss.
5.
6.
7.
Click Confidence Limits.
Figure 13.13 Solution Report

Help created on 7/12/2018