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QUESTION
ou are given the following three observations:72, 0.83, 0. You t a distribution with the following density function to the data:
ou are given the following three observations: 0.72, 0.83, 0.91.
You t a distribution with the following density function to the data:
f(x) = (p+ 1)x^p for 0<x<1,p>-1
Calculate the maximum likelihood estimate of p
.
