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GATE 2021 ST – Question 61

Estimation · Point Estimation and Consistency · 2 marks · Numerical answer

The observations .90,.50,.01,.95 are iid with density [θ/(1−θ)]x^[(2θ−1)/(1−θ)] on 0<x<1,where .5≤θ<1. Find the MLE of θ,to two decimals.

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Correct answer: 0.50 to 0.50

Explanation

Set k=θ/(1−θ),so k≥1 and the density is kx^(k−1). The unconstrained likelihood maximizer is k̂=−4/Σln x_i. Here Σln x_i≈−5.4553,so k̂≈.733<1. On the permitted range the maximum is at k=1,corresponding to θ=1/2. Answer **0.50**.

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