Please give me as detailed as possible answers Im really str
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
