3. (6.1.9) SupposeX1,…,Xnare iid with pdff(x;θ) = (1/θ)e−x/θ. Findthe mle ofP(X≤2).Answer:For this distribution we have that(θ) =−nlog(θ)−∑Xi/θ′(θ) =−nθ+∑Xiθ2.Solving`′(θ) = 0, we see thatˆθ= ̄X.SinceP(X≤2) =∫20(1/θ)e−x/θ= 1−e−2/θ.Thus the mle ofP(X≤2) is1−e−2/ ̄X.
MGT504 GDB1 Solution and discussion
Total Marks 5
Starting Date Tuesday, July 30, 2019
Closing Date Monday, August 05, 2019
Question Title Innovate or perish: The strategic role of change
Technology has often been accused of being the primary cause of uncontrolled change in organizations. Do you agree? Why/ why not?
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