Question: 2. A random variable X has probability density function f(x) = Axl- for x > 1 and parameter > > 0. Given independent observations x

2. A random variable X has probability density function f(x) = Axl- for x > 1 and parameter > > 0. Given independent observations x = (x1, ...,In), write down the corresponding likelihood function L(); x) and derive an expression for the maximum likelihood estimate ) for 1

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