Question: Let X1,..., Xn be a random sample from a gamma(a, () population. a. Find the MLE of , assuming is known. b. If

Let X1,..., Xn be a random sample from a gamma(a, (β) population.
a. Find the MLE of β, assuming α is known.
b. If α and β are both unknown, there is no explicit formula for the MLEs of α and β, but the maximum can be found numerically. The result in part (a) can be used to reduce the problem to the maximization of a univariate function. Find the MLEs for α and β for the data in Exercise 7.10(c).

Step by Step Solution

3.28 Rating (160 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

a Set the partial derivative equal to 0 and solve for to obtain i x i n To check that this is a maxi... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

941-M-S-P (8768).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!