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Let X1,X2,,Xn be i.i.d. random samples from Pareto(,1). (a) Derive the Maximum Likelihood
Estimator of . Denote the MLE as ^MLE. (b) Let I() be the Fisher Information of based on 1
random variable. Find I().

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Let X1X2Xn be iid random samples from Pareto1 a .pdf

  • 1. Let X1,X2,,Xn be i.i.d. random samples from Pareto(,1). (a) Derive the Maximum Likelihood Estimator of . Denote the MLE as ^MLE. (b) Let I() be the Fisher Information of based on 1 random variable. Find I().