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BU.230.730.52.SP25 Final Exam- Requires Respondus LockDown Browser

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Which one statement is true?

Options
A.MLE looks for the particular parameter according to which the sample is the most probable.
B.MLE looks for the particular model according to which the parameter is the most probable.
C.MLE looks for the particular sample such that according to the current model, the parameter is the most probable.
D.MLE looks for the most probable parameter according to the model and the sample.
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Step-by-Step Analysis
Question: Which one statement is true? Option 1: 'MLE looks for the particular parameter according to which the sample is the most probable.' This is a precise articulation of the core idea behind maximum likelihood estimation: we seek the parameter value that makes the observed data most probable under the assumed model. It directly connects the parameter to the likelihood of the sample, which is the standard formulation......Login to view full explanation

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