Question
Q - Let's say we have serveral data points: (2, 4.5, 8), and we know they are from a normal (Gaussian) distribution. Let's start by
Q - Let's say we have serveral data points: (2, 4.5, 8), and we know they are from a normal (Gaussian) distribution.
Let's start by assuming some values for and . What is the likelihood of guess1: (=4.5, =4)? Store your answer in the variable ANS61.
Let's change our assumptions regarding the values of and . What is the likelihood of guess2: (=6, =8)? Store your answer in the variable ANS62.
Which are the more likely estimates? Store your answer as either "guess1" or "guess2" into a variable called ANS63.
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Fundamentals of Advanced Accounting
Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik
6th edition
0-07-786223-6, 101259095592, 13: 978-0-07-7, 13978125909559, 978-0077862237
