Question

In: Statistics and Probability

In the following statements f(theta; x) is the likelihood function. Select which of the following are...

In the following statements f(theta; x) is the likelihood function. Select which of the following are true statements about maximum likelihood estimates (MLE's).

Hint: In general, maximizing a function f(x) is equivalent to minimizing -f(x).

Group of answer choices

MLE's are unbiased.

MLE's minimize the negative log likelihood function, -log(f(theta; x))

MLE's are always easy to find.

MLE's maximize the likelihood function f(theta; x).

MLE's are not affected by outliers in the data.

Solutions

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