1.
Select Help > Sample Data Library and open Reliability/Tobit2.jmp.
2.
Select Cols > New Columns.
3.
Type durable0 for Column Name.
4.
Select Column Properties and click Formula.
5.
Select Conditional > If and select durable.
6.
Select Comparison > a == b, type 0, and press Enter.
Figure 13.14 Column Formula for durable0
8.
9.
10.
Select Analyze > Reliability and Survival > Fit Parametric Survival.
11.
Select durable0 and click Time to Event.
12.
Select durable and click Time to Event.
13.
Select age and liquidity and click Add.
14.
Change the Distribution type to Normal.
15.
Click Run.
Figure 13.15 Tobit Model Results

Help created on 7/12/2018