Tobit

From Hebrew

Full definition of Tobit

Proper noun

1. A book of the Old Testament Apocrypha.
2. (rare) .
• Authorized Version|Tobit|1|3:I Tobit have walked all the days of my life in the ways of truth and justice, and I did many almsdeeds to my brethren, and my nation, who came with me to Nineve, into the land of the Assyrians.

Coined by A. S. Goldberg in 1964

as these type of models were first proposed by James Tobin

and are similar to probit models.

Noun

1. (statistics) a model where the dependent variable is censored.