Let X1,..., Xn be iid with pdf f(x|) = x-1, 0 x 1, 0 <
Question:
f(x|θ) = θxθ-1, 0 ≤ x ≤ 1, 0 < θ < ∞
a. Find the MLE of θ, and show that its variance → 0 as → ∞.
b. Find the method of moments estimator of θ.
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a Set the derivative equal to zero and solve for t...View the full answer
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