Sloan, FAHuang, CAdamache, K2010-03-091987-01-010735-0015https://hdl.handle.net/10161/1881An expectation-maximum (EM) likelihood algorithm is used to estimate two seemingly unrelated Tobit regressions in which the dependent variables are truncated normal. An illustrative example on the determination of the life-health insurance and pension benefits is also given. © 1987 American Statistical Association.application/pdfen-USJournal article1537-2707