Explanation:The kinds of asymptotics that do are orders of magnitude more difficult to work with. 6. Which of the following is a property of likelihood ?
A. Ratios of likelihood values measure the relative evidence of one value of the unknown parameter to another
B. Given a statistical model and observed data, all of the relevant information contained in the data regarding the unknown parameter is contained in the likelihood
C. The Resultant likelihood is multiplication of individual likelihood
D. All of the Mentioned
Answer:A
Explanation:The kinds of asymptotics that do are orders of magnitude more difficult to work with. 6. Which of the following is a property of likelihood ?
A. Ratios of likelihood values measure the relative evidence of one value of the unknown parameter to another B. Given a statistical model and observed data, all of the relevant information contained in the data regarding the unknown parameter is contained in the likelihood C. The Resultant likelihood is multiplication of individual likelihood D. All of the Mentioned
Explanation:Likelihood is the hypothetical probability that an event that has already occurred would yield a specific outcome. 7. CLT is mostly useful as an approximation.