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Consider independent observations ( r 1 , y 1 ) , dots ( r n , y n ) , from the model Y i
Consider independent observations dots from the model for dots, where the are fixed constants. Using likelihood and likelihood as appropriate, compute the following items.
Derive the maximum likelihood estimate hat
Write the second derivative of likelihood
Give an expression of the approximated asymptotic standard error of hat by plugging in the estimate hat To this end, estimate the Fisher Information Matrix by hathat and then se
Consider data Using your formul compute and write numerical estimates hat se and give a confidence interval for using the normal approximation.
Note: To answer this question you will work by hand. Do not write in the textbox but upload a single page pdf image of your workings and results. For theoretical computations a to c you are expected to show your equations and developments in detail, simplifying as much as possible; for the numerical calculations in d you can use R but only write the requested results.
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