Usually means: Statistical measurement of binary outcomes.
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We found 11 dictionaries that define the word probit:

General (8 matching dictionaries)
  1. probit: Merriam-Webster
  2. probit: Oxford Learner's Dictionaries
  3. probit: Collins English Dictionary
  4. probit: Wiktionary
  5. probit: Infoplease Dictionary
  6. probit: Dictionary.com
  7. Probit: Wikipedia, the Free Encyclopedia
  8. probit: The Phrontistery - A Dictionary of Obscure Words

Computing (1 matching dictionary)
  1. probit: Encyclopedia

Medicine (1 matching dictionary)
  1. probit: Merriam-Webster Medical Dictionary

Science (1 matching dictionary)
  1. probit: PlanetMath Encyclopedia

Definitions from Wiktionary (probit)

noun:  (statistics) A unit, derived from a standard distribution, used in measuring the responses to doses
noun:  The probit function, the inverse of the cumulative distribution function.

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