An example concerning the likelihood function
Michael Evans
Statistics & Probability Letters, 1989, vol. 7, issue 5, 417-418
Abstract:
A simple example is presented which shows that interpreting likelihood ratios as relative degrees of support can be very misleading. It also demonstrates that the maximum likelihood estimator can be an exceedingly poor estimator.
Keywords: likelihood; ratios; frequentist; theory (search for similar items in EconPapers)
Date: 1989
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