Search for tag: "sufficiency principle"

The Likelihood Principle

In this lesson, an important function in statistic, called the likelihood function, is introduced. This function can also be used to summarize data. There are many ways to use the likelihood…

From  Jane Harvill 316 plays 0  

Data Reduction and Sufficiency

The information in a random sample is used to make inferences about an unknown parameter theta. If the sample size n is large, then the observed sample is a long list of numbers that is difficult, if…

From  Jane Harvill 377 plays 0