Question: #3 - Define a random variable X as the proportion of time allowed on a test that a student spends on a certain question on

#3 - Define a random variable X as the proportion of time allowed on a test that a student spends on a certain question on an exam. The pdf of X is f(x|) = x^-1, 0 < x < 1, >0. To estimate the parameter, a random sample of students is obtained: 0.39, 0.48, 0.46, 0.49, 0.35, 0.47, 0.15, 0.18, 0.35, 0.11, 0.30,0.48, 0.24, 0.10, 0.48. Find the Maximum Likelihood Estimator (MLE) of . Enter your answer to 3 decimal place.

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