Question: Given that y 1 = 2.3, y 2 = 1.9, and y 3 = 4.6 is a random sample from calculate the maximum likelihood estimate

Given that y1 = 2.3, y2 = 1.9, and y3 = 4.6 is a random sample from

fy (y; 0) = ye-y/0 604 y0

calculate the maximum likelihood estimate for θ.

fy (y; 0) = ye-y/0 604 y0

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The likelihood function is given by L fy1 fy2 fy3 3 ey1 3 ey2 3 ey3 9 ey1y2... View full answer

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