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Please give me as detailed as possible answers! Im really struggli.pdf

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Rahul04August

This document contains two questions asking to build parameter estimators for three distributions (Bernoulli, exponential, lognormal) using two different methods: maximum likelihood estimation (MLE) and method of moments. The student is struggling to understand these concepts and is seeking detailed explanations to help improve their understanding.

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Please give me as detailed as possible answers! I'm really struggling to understand Moments and MLE methods, and my professor isn't very helpful :/ QUESTION 1: Use the MLE method to build estimators for the parameters of the following distributions: (a) Bernoulli (b) Exponential (c) Lognormal QUESTION2: Use the method of moments to build estimators for the parameters of the following distri- butions: (a) Bernoulli (b) Exponential (c) Lognormal Solution

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