In your own words describe what likelihood is and what a maximum likelihood estimate is for a data set.
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Q23: A good rule of thumb for the
Q24: The maximum likelihood approach is very powerful
Q25: Larger sample sizes reduce the bias often
Q26: The bias in maximum likelihood estimation is
Q27: If the null hypothesis is true, then
Q28: When doing a log-likelihood ratio test, the
Q30: Consider a situation in which we plot
Q31: Consider a situation in which we plot
Q32: Describe how and why we can use
Q33: Describe the logic of the log-likelihood ratio
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