How is it maximum , when we have not checked the second derivative ? Also given a probability distribution function with parameter theta, we can obviously find theta at which the function maximizes by find the derivative of that continous function , how does this derivative is equivalent to finding the product of probabilites of X's drawn from a distribution which follows the earlier given actual distribution ?
How is it maximum , when we have not checked the second derivative ? Also given a probability distribution function with parameter theta, we can obviously find theta at which the function maximizes by find the derivative of that continous function , how does this derivative is equivalent to finding the product of probabilites of X's drawn from a distribution which follows the earlier given actual distribution ?