What is a tobit and what is a probit model, Microeconomics

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What is a tobit and what is a probit model

Problem

* What is a Tobit and what is a Probit model?

* If I incorporate oaxaca model with mincer model is it considered a probit or tobit?

* What is the best beginner resource to study them?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What is a tobit and what is a probit model

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