Use maximum likelihood to estimate the rate Icirc raquo from the waiting times for type b Compare the support for the null hypothesis that Icirc raquo 1 0 with the support for the maximum likelihood estimate Consider again the data on 30 waiting times for 2 types of events used in Section 8 5, Exer...

The average wait for type b is 1051 so our maximum likelihood ...

Use maximum likelihood to estimate the rate Î» from the waiting times for type b. Compare the

Question:

Use maximum likelihood to estimate the rate Î» from the waiting times for type b. Compare the support for the null hypothesis that Î» = 1.0 with the support for the maximum likelihood estimate.
Consider again the data on 30 waiting times for 2 types of events used in Section 8.5, Exercises 21 and 22.