Consider the observations x1,x2,...,xn from the gamma distribution discussed in Section 6.6. (a) Write out the likelihood

Question:

Consider the observations x1,x2,...,xn from the gamma discussed in Section 6.6.
(a) Write out the likelihood function.
(b) Write out a set of equations which when solved give the maximum likelihood estimators of a and 8.
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...