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A Likelihood Analysis of Some Common Distributions

Summary: Likelihood functions provide a convenient and useful means of summarizing the numerical information that the data has to offer about a parameter or a set of parameters. This paper introduces the concepts of likelihood and likelihood functions and uses these concepts to analyze data from binomial, exponential and Weibull distribution.

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  • Topics:
  • Keywords: Likelihood methods,Maximum likelihood estimate (MLE),Statistical methods,Weibull analysis
  • Author: Whitney, J.B.
  • Journal: Journal of Quality Technology