Question: Suppose that X1, . . . , Xn form a random sample from the Pareto distribution with parameters x0 and (see Exercise 16 of

Suppose that X1, . . . , Xn form a random sample from the Pareto distribution with parameters x0 and α (see Exercise 16 of Sec. 5.7), where x0 is unknown and α is known. Determine the M.L.E. of x0.

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