Dear community,
I am analyzing a dataset where the outcome variables has a lower-bound of zero, approximately 50% of the values are actually 0, and the other 50% is skewed. In the end, I would like to use a censored model with a lower bound of 0, but I need to take the skewed distribution into account.
For the non-zero values, a log transformation would do the trick to achieve a approx. normal distribution, but (a) I cannot log-transform the 0-values, and (b) if I only log-transformed the values above 0, those values between 0 and 1 would result in negative values and would then be below the lower bound.
The variable is numeric, not a count variable, so no Poisson or negative binomial model can be applied.
Do you have any suggestion?
Thank you!