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Identify characteristics of “good” estimators and be able to compare competing estimators. Construct sound estimators using the techniques of maximum likelihood and method of moments estimation.
Wald-based and likelihood ratio-based confidence intervals are available in the MODEL procedure for computing a confidence interval on an estimated parameter. A confidence interval on a parameter can ...
Confidence intervals and hypothesis tests are directly linked. Confidence intervals can be used to check the reasonableness of claims about the parameter. If someone claims the parameter is equal to ...