Question: 22.) Assume that the time between two consecutive accidents in a chemistry lab follows an exponential distribution with parameter 1. Starting to count from

22.) Assume that the time between two consecutive accidents in a chemistry

22.) Assume that the time between two consecutive accidents in a chemistry lab follows an exponential distribution with parameter 1. Starting to count from the day of the first accident (this will be day 0), there has been accidents on the 28th, 50th, 60th days. Compute the maximum likelihood estimate of 1. Explain the steps.

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