Question
Statistics Question on Estimation
Let X1,X2,…,X10 be a random sample from a U(−θ,θ) distribution, where θ∈(0,∞). Let X(10)=maxX1,X2,…,X10 and X(1)=minX1,X2,…,X10. If the observed values of X(10) and X(1) are 8 and -10, respectively, then the maximum likelihood estimate of θ is equal to __________ (answer in integer).
Answer
The correct Answer is : 10 -10(Approx.)