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Reading 10b: Maximum Likelihood Estimates

Reading 10b: Maximum Likelihood Estimates

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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: We need to be careful with our notation. With ve di erent values it is best to

  Maximum, Estimates, Likelihood, Distri, Maximum likelihood estimates

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