Past exam of the mathematics course of the University of Cambridge 2017 ii Paper 2 26K d Solution Created 2026-09-24 Updated 2026-10-05
Set . For fixed and large ,This endpoint maximum likelihood for a singular location density calculation gives a Weibull distribution with shape . The estimator is a consistent estimator, and its error has order , faster than the error of . Its bias is asymptotic to and its mean squared error to , versus a positive constant times for the sample-mean estimator. Thus the minimum estimator is preferable for its much faster convergence, despite its positive finite-sample bias. This is a nonregular support-dependent model; ordinary regular-model efficiency bounds do not apply.