c)Let Y₁, Y₂,..., Yn be a random sample whose probability density function is given by3y³= {apeet,е68460,f(y; B) =0 0elsewhere3= 100, Σv= 100, y = 250 and 3 = 0.025.200and suppose that n = 200, 20y₁ = 20, ²0 y?Σ? yiDerive the standard error of ß, se (B) = 0.0009, using MLE approach.Find an approximate 95% Confidence interval for ß.

Firstly it is required to determine the MLE of the parameter and then the variance to get the…

Answered: Derive the standard error of ß, se (ß)…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Derive the standard error of ß, se (ß) = 0.0009, using MLE approach. Find an approximate 95% Confidence interval for ß.