Masreliez's theorem is a result in the field of probability theory and statistics, specifically relating to the properties of certain estimators. The theorem provides conditions under which the maximum likelihood estimator (MLE) serves as a locally best invariant estimator (LBIE) for a parameter of interest. In more detail, the theorem addresses the relationship between different types of estimators, particularly focusing on their variance properties and how they behave under transformations of the parameter space.
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