For the following random samples, find the maximum likelihood estimate of : 1. X i Binomial(3,

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For the following random samples, find the maximum likelihood estimate of θ:

1. Xi ∼ Binomial(3, θ), and we have observed (x1,x2,x3,x4) = (1, 3, 2, 2).

2. Xi ∼ Exponential(θ) and we have observed (x1,x2,x3,x4) = (1.23, 3.32, 1.98, 2.12).

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