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Stat 418 – Day 3 Maximum Likelihood Estimation (Ch. 1)
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Last Time Multiple confidence interval procedures for Main goal: Achieve stated confidence level, e.g., 95% of intervals for all possible random samples capture the value of the parameter Also nice if narrower
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Confidence interval for Exact binomial Wald interval Score interval (Wilson) Which values of would not be rejected… Adjusted Wald (Agresti & Coull, 1998) Approximate is better than "exact" for interval estimation of binomial proportions, American Statistician, 52:119–126.
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Likelihood function =C(407,248) 248 (1- ) 209
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Test of significance? Gives you a point estimate Also allows you to compare to other values Another value of will be plausible if the likelihood function at that value isn’t too much smaller
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Likelihood ratio test Likelihood Ratio compares the unrestricted maximum likelihood to value under null Pearson is z 2 from “score” test (two-sided)
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To Do Finish reading Ch. 1 Investigation 1 HW 1 solutions posted tonight? HW 2 posted this weekend? Final Exam survey (by Monday?)
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