Reading 10b: Maximum Likelihood Estimates
18.05 class 10, Maximum Likelihood Estimates , Spring 2014 4 Example 3. Light bulbs Suppose that the lifetime of Badger brand light bulbs is modeled by an exponential distri-bution with (unknown) parameter . We test 5 bulbs and nd they have lifetimes of 2, 3, 1, 3, and 4 years, respectively. What is the MLE for ? answer:
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