To determine the maximum likelihood estimate, we can calculate the likelihood for a range of parameter values and choose the parameter that gives the smallest value.

Name: To determine the maximum likelihood estimate, we can calculate the likelihood for a range of parameter values and choose the parameter that gives the smallest value.
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Quizplus · Accepted Answer

The maximum likelihood estimate is determined by choosing the parameter that gives the largest likelihood value, not the smallest.

To Determine the Maximum Likelihood Estimate, We Can Calculate the Likelihood