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AAE637 Topics for May 3, 2007. The Truncated Regression Model Assuming Normal Error Terms The Sample Likelihood Function Canadian Restaurant Expend. Example Description of Data Overview of Gauss Code/Results Introduction to Censored Regression Models Moments of a Censored RV
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AAE637 Topics for May 3, 2007 • The Truncated Regression Model Assuming Normal Error Terms • The Sample Likelihood Function • Canadian Restaurant Expend. Example • Description of Data • Overview of Gauss Code/Results • Introduction to Censored Regression Models • Moments of a Censored RV • Implementation of the Censored (Tobit) Regression Model • Readings: McDonald and Moffitt (1980), Norris and Batie (1987), Adesina and Zinnah (1993), Greene (1999)