Problem 7
Consider the following probability distribution function with parameters λ and µ.
(a) Find the maximum likelihood estimators of λ and µ based on a random sample x1, x2, · · · , xn.
(b) Suppose that n = 3, and x1 = 1.7538, x2 = 3.0649, x3 = 2.4183. Calculate the values
of λˆ and ˆµ.
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