Question: 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
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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.
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using the log likelihood to find the MLE ... View full answer
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