Find the Maximum Likelihood Estimator (MLE) of θ.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 4CYU
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- Define a random variable X as the proportion of voters in various districts that support Republican candidates for local offices. Research suggests that the
pdf of x is f(x) = θxθ-1 , where 0 < x < 1 and θ > 0. To estimate the parameter θ, a random sample of 10 districts was obtained, and their proportions of Republican support are: 0.42, 0.69, 0.40, 0.55, 0.66, 0.37, 0.63, 0.47, 0.44, 0.57. Find the Maximum Likelihood Estimator (MLE) of θ.
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