When Using Maximum Likelihood: Difference between revisions

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Revision as of 23:45, 27 June 2011 view source Steve Sharp (talk \| contribs) 1,423 edits Created page with 'When using maximum likelihood methods, each individual time is explicitly used in the calculation of the parameters, thus there is no difference in the entry of a group of 10 uni…'		Latest revision as of 16:36, 25 June 2015 view source Lisa Hacker (talk \| contribs) ReliaSoft, Bureaucrats, Administrators 6,502 edits Redirected page to Parameter Estimation
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	When using maximum likelihood methods, each individual time is explicitly used in the calculation of the parameters, thus there is no difference in the entry of a group of 10 units failing at 100 hours and 10 individual entries of 100 hours. This is inherent in the standard MLE method. In other words, no matter how the data were entered (i.e. as grouped or non-grouped) the results will be identical. When using maximum likelihood, we highly recommend entering redundant data in groups, as this significantly speeds up the calculations.		#REDIRECT [[Parameter Estimation]]