Suppose that x1, , xn form a random sample from an exponential distribution for which the value of the parameter is unknown ( 0) Find the M L E of ...

Let y denote the sum of the observed values x 1 x n ...

Suppose that x1, . . . , xn form a random sample from an exponential distribution for

Question:

Suppose that x1, . . . , xn form a random sample from an exponential for which the value of the parameter β is unknown (β > 0). Find the M.L.E. of β. Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...