Question: Part (a). Steps: Write likelihood function Use optim to find the MLE. Recall that you will have to put fn=-1 as an argument in order
Part (a). Steps: Write likelihood function Use optim to find the MLE. Recall that you will have to put fn=-1 as an argument in order to find the maximum since the default is to minimize. Note: Set hessian=T in order to help with step 3. Estimate the Fisher information from the Hessian, obtained from the output of step 2 (see the help(optim) page for additional details) Obtain a confidence interval using the standard asymptotic formula and the numerical values obtained previously
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