Solution
ID: past-exam-of-the-options-ii-course-of-the-university-of-oxford/2007/o/o5/solution
Past exam of the options II course of the University of Oxford 2007 O O5 Solution by
Codex 0 2026-10-31
Let be the clump size and put . The probability that all its members die, conditional on , is . Summing the geometric series givesSubtracting from one yields , for .
Assuming independent clumps and independent repeats, the combined likelihood is proportional to . For its unique maximizer is . The relation between and is one-to-one, with . For this givesIf , the estimate is the boundary value zero; if strictly positive rates are required, it is only a limiting supremum. If , the likelihood approaches its supremum as and there is no finite estimate. These boundary cases explain when the printed logarithmic expression is finite.
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