Note the following about the Tobit2.jmp data table:
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The response variable is a measure of the durability of a product and cannot be less than zero (Durable, is left-censored at zero).
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Age and Liquidity are independent variables.
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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.
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Select Analyze > Specialized Modeling > Nonlinear.
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Click OK.
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Click Go.
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7.
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Click Confidence Limits.
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Figure 13.13 Solution Report
