Consider again the conditions of Exercise 19, and let denote the M L E of a Use the delta method to determine the asymptotic distribution of 1 b Show that 1 n, and use the central limit theorem to determine the asymptotic distribution of 1 ...

a Let 1 Then 1 2 By Exercise 19 it is known that is approximately normal with mean and varianc ...

Consider again the conditions of Exercise 19, and let denote the M.L.E. of . a. Use the

Question:

Consider again the conditions of Exercise 19, and let denote the M.L.E. of β.
a. Use the delta method to determine the asymptotic of 1/.
b. Show that 1/ = n, and use the central limit theorem to determine the asymptotic of 1/ Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...