Suppose the data f(x) = α xa 5, 2, 3 was drawn independently from such a distribution. Find the maximum likelihood estimate (MLE) of a.
Suppose the data f(x) = α xa 5, 2, 3 was drawn independently from such a distribution. Find the maximum likelihood estimate (MLE) of a.
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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![The Pareto distribution with parameter a has range [1, ∞) and pdf
f(x)=
α
xa
Suppose the data
5, 2, 3
was drawn independently from such a distribution. Find the maximum likelihood estimate
(MLE) of a.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Feb4e7676-24a8-4cc9-b05b-c57913c2c892%2F056c0ceb-d8af-45f0-810c-5d27d749279a%2Fe0t8ebc_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The Pareto distribution with parameter a has range [1, ∞) and pdf
f(x)=
α
xa
Suppose the data
5, 2, 3
was drawn independently from such a distribution. Find the maximum likelihood estimate
(MLE) of a.
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