Question
Statistics Question on Univariate Distributions
Let 𝑥1=2.1, 𝑥2=4.2, 𝑥3=5.8 and 𝑥4=3.9 be the observed values of a random sample 𝑋1, 𝑋2, 𝑋3 and 𝑋4 from a population having a probability density function
f(x)={θ2xe−θx 0,if x>0,Otherwise
where 𝜃 ∈ (0, ∞) is an unknown parameter. Then, the maximum likelihood estimate of 𝑉𝑎𝑟(𝑋1) equals ________
Answer
The correct answer is: 8