JSTOR Daily

Maximum Likelihood Estimation from Linear Combinations of Discrete Probability Functions

In this article the problem of obtaining the maximum likelihood estimates of the parameters from a special type of linear combination of discrete probability functions is discussed. It is shown that ...
JSTOR Daily

The Probability of Degenerate Maximum-Likelihood Estimates with Randomly Truncated Survival Data

We study the nonparametric maximum-likelihood estimator of the marginal distribution function in bivariate data with truncated sum (Woodroofe 1985), and calculate the probability that it will assign ...
Investopedia

Objective Probability: What it is, How it Works, Examples

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...
Investopedia

Prior Probability: Examples and Calculations of Economic Theory

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...