Let (x_{1}, ldots, x_{n}) be the observed values of a random sample of size (n) from the
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Let \(x_{1}, \ldots, x_{n}\) be the observed values of a random sample of size \(n\) from the exponential distribution \(f(x ; \beta)=\beta^{-1} e^{-x / \beta}\) for \(x>0\).
(a) Find the maximum likelihood estimator of \(\beta\).
(b) Obtain the maximum likelihood estimator of the probability that the next observation is greater than 1.
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Probability And Statistics For Engineers
ISBN: 9780134435688
9th Global Edition
Authors: Richard Johnson, Irwin Miller, John Freund
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