Hello,
I am trying to plot the MLE estimates and then the density of MLE after simulating MLE function 100 times but has failed miserably. Tried searching for help in other forums but to no avail.
Any help will be grateful.
Code and questions are attached.
draw= rexp(50, rate=2)
fexp = function(theta, x){ prod(dexp(x,rate=(1/theta))) }
res3<-optimize(f=fexp,interval=c(0,50), maximum=T, x= draw)
res3
theta2= seq(0,50, by= 1)
plot(theta2, fexp2(theta2, draw), type = "l")
fexp2 = function(theta, x){ sum(dexp(x,rate=(1/theta))) }
res4<-optimize(f=fexp,interval=c(0,50), maximum=T, x=draw)
res4
