Tobit regression is most similar to which kind of regression?
A) regular linear regression
B) logistic regression
C) nonlinear regression
D) standardized regression

Question

Quizplus · Accepted Answer

Tobit regression is a type of regression that is used when the dependent variable is censored. This means that the value of the dependent variable can only be observed within a certain range. Logistic regression is also used in cases where the dependent variable is binary or categorical, which is similar to the concept of censored variables. Therefore, Tobit regression is most similar to logistic regression.

Tobit Regression Is Most Similar to Which Kind of Regression