Methods for Estimating Parameters. Least Squares and Maximum Likelihood
We are now ready to look at particular methods of estimating parameters from data. As we will see, there is a very sophisticated methodology that has developed for these problems and, in many cases, the estimation process can be automated and turned into almost a crank-turning operation. Nonetheless, as we will see, it is very important to understand in detail what we are doing.
KeywordsMaximum Likelihood Estimate Probability Level Maximum Likelihood Method Background Event Likelihood Equation
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