by Jeff Meyer
As mentioned in a previous post, there is a significant difference between truncated and censored data.
Truncated data eliminates observations from an analysis based on a maximum and/or minimum value for a variable.
Censored data has limits on the maximum and/or minimum value for a variable but includes all observations in the analysis.
As a result, the models for analysis of these data are different. [Read more…] about Statistical Models for Truncated and Censored Data