00:01
Hello students, as per the given question in the part a where we need to find the maximum likelihood estimate which is mle for?.
00:12
So, in order to find that given the density function is f ? of x is equals to ? by x square where 0 less than ? less than x.
00:29
So, the likelihood function for the sample which is x1 x2 so on xn is a product of the individual density function which is l of ? given x1 x2 so on xn is equals to ? to the power n by x1 square x2 square and so on xn square.
01:04
In order to find the mle for ? we need to maximize the likelihood function however it is easy to work with the log which is likelihood function for adding log l of ? given x1 x2 and so on xn is equals to n into log ? minus 2 summation i runs from 1 to n ln xi.
01:42
So, taking the derivative with respect to ? with and settling it to 0 and finding the maximum which gives d by d ? ln of l of ? given x1, x2, so on xn is equals to n by ? which is equals to 0.
02:06
So, this is a ? value.
02:08
So, solving the ? gives us ? hat which is estimated value which is n by summation i runs from 1 to n 1 by xi square.
02:28
So, now let us calculate for bit b where we need to find the maximum likelihood estimate for ? for some other given function other than this.
02:41
So, let us solve that...