CT3 IFoA April 2006, Q7

Discussion in 'CT3' started by Bharti Singla, Aug 17, 2016.

  1. Bharti Singla

    Bharti Singla Senior Member

    In this qus- How we draw the graph of likelihood function? Why other sample values not put in MLE? And I also don't understand the line given- the likelihood is zero below this value.i.e. below 0.92. How can it be 0 if we put 0.87, 0.12 etc?
     
    Last edited: Aug 17, 2016
    Bharti Singla, Aug 17, 2016
    #1
  2. John Lee

    John Lee ActEd Tutor Staff Member

    Past exam question 3 depends on the version of the Revision Notes you have. Could you get the exam question and put that in the title as well as the question. It will enable people to help you better. Thanks.
     
    John Lee, Aug 17, 2016
    #2
  3. Bharti Singla

    Bharti Singla Senior Member

    April 2006 qus 7
     
    Bharti Singla, Aug 17, 2016
    #3
  4. John Lee

    John Lee ActEd Tutor Staff Member

    See section 2.3 of Chapter 10. I'm sure you can obtain the likelihood function. However the reason that it is not below the maximum is that it would not be a valid estimate.
     
    John Lee, Aug 19, 2016
    #4
  5. Bharti Singla

    Bharti Singla Senior Member

    okk sir.
     
    Bharti Singla, Aug 19, 2016
    #5

Share This Page