c)Let Y₁, Y2,..., Yn be a random sample whose probability density function is given by0 0elsewhere.200= 100, y = 250 and = 0.025.y3f(y; B) = 6840,and suppose that n = 200, 2y = 20, 2y200i) Derive the standard error of ß, se() = 0.0009, using MLE approach.ii) Find an approximate 95% Confidence interval for B.

Firstly it is required to determine the MLE of the parameter and then the variance to get the…

Answered: i) Derive the standard error of ß, se…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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i) Derive the standard error of ß, se (B) = 0.0009, using MLE approach. ii) Find an approximate 95% Confidence interval for B.