Source: wikibot/quasi-maximum-likelihood-estimate
= Quasi-maximum likelihood estimate
{wiki=Quasi-maximum_likelihood_estimate}
The Quasi-Maximum Likelihood Estimate (QMLE) is a statistical method used for estimating parameters in models where the likelihood function may not be fully specified, especially in the presence of certain types of model misspecification, such as non-normality of the errors or when the distribution of the data is not well-known.