Let X be a random variable representing the time between successive arrivals at a checkout counter in a supermarket. The values of X in minutes (rounded to the nearest minute) are

Assume that the pdf of X is f(x) = (1 / θ)e €“(x/θ). Use these data to find MLE θ-hat. How can you use this estimate you have just derived? Also find the method of moment estimate.

Transcribed Image Text:

1 2 3 74 13 12 7 3 2 7 2