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: 0.33, 0.19, 0.29, 0.23, 0.38, 0.41, 0.18, 0.36, 0.12, 0.33, 0.28,0.46, 0.47, 0.30, 0.10. Find the Maximum Likelihood Estimator (MLE) of . Enter your answer to 3 decimal place.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock 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

Students Have Also Explored These Related Mathematics Questions!

#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 0. To estimate the...

Define a random variable X as the proportion of total time allowed on a test that a student actually spends on the test. Research suggests that the pdf of X is f(x) = ( + 1)x , 0 x 1. For the...

========================================================================== (Problem 1) A random sample of 12 customers was chosen in a supermarket. The (incomplete) results for their checkout times...

In 2005, 1,475,623 students heading to college took the SAT. The distribution of scores in the math section of the SAT follows a normal distribution with mean / = 520 and standard deviation o = 115....

Please assist me with the following questions. vodafone GH . Ill )29 MMS 10 68% 1 4:02 Problem 1 In ordinary language, explain the meaning of the following concepts and their relevance in statistical...

Safari File Edit View History Bookmarks Window Help 65% Tue 11:0 . . . webassign.net C InstaTeam Netflix YouTube Apple Bing Google Yahoo Google Docs uga mail Top Hat LON-CAPA My Courses STAT- Bolanle...

LANE Chapter 10 1. When would the mean grade in a class on a final exam be considered a statistic? When would it be considered a parameter? 2. Define bias in terms of expected value 3. Is it possible...

Homework 4 1. Jessica Williams, manager of Kitchen Appliances for the Midtown Department Store, feels that her inventory levels of stoves have been running higher than necessary. Before revisiting...

1. The heights of 10-year-old males are normally distributed with = 55.9 inches and s = 5.7inches. (a) Draw a normal curve with the parameters labeled. Shade the region that represents the proportion...

Hawley, Inc. manufactures Product S for national distribution. The standard costs for the manufacture of Product S were as follows: Standard Costs Actual Costs Direct materials 1,500 pounds at $35...

Gary, Ying and Michael carry on business in a professional partnership. The written partnership agreement includes the following statements: All partners are to be paid interest on their contributed...

What is a 'horizon value' in nonconstant growth stock valuation? Group of answer choices Value after dividend payments stop Value of the stock when growth becomes constant Value based on the last...

Regarding your organization or an organization you have been with in the past, what do you see as that organization's core competency? What set this organization apart from others? Be specific in...

11. What is meant by the statement, as observers of social reality, we are always part of this reality?.

13. Give four examples of psychological Maginot lines.

10. What is meant by the statement, it is the expectation that something will happen that creates actions?.