Past exam of the mathematics course of the University of Cambridge 2022 iii Paper 207 2 2 Solution 2026-09-28
The maximum-likelihood estimators are the success proportionsThe invariance property of maximum likelihood estimation therefore gives
Past exam of the mathematics course of the University of Cambridge 2022 iii Paper 219 1 d Solution 2026-09-28
The invariance property of maximum likelihood estimation givesSince , the ratio has a log-normal distribution. Its exact variance isand the lowest-order delta method approximation isFor fixed , case (i) has , whereas case (ii) has . Because and is the same in both cases, independent supernova-level variation in case (ii) gives the smaller fractional variance: averaging reduces it, while a shared galaxy fluctuation does not average away.