When You Estimate Parameters by Finding Those That Make the Observed

question 25

Multiple Choice

When you estimate parameters by finding those that make the observed outcomes as likely as possible for a given model, you are using which method?

• A) Generalized method of moments
• B) Maximum likelihood estimation
• C) Instrumental variables
• D) Least absolute deviations

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Definitions:

Operant Learning Principles

The concepts within operant conditioning that emphasize the role of reinforcements and punishments in shaping behavior.

Reinforcement

In behavioral psychology, a process of encouraging or establishing a pattern of behavior by offering reward or punishment.

Punishment

A behavioral conditioning process where an undesirable behavior is followed by a negative consequence, leading to a decrease in the behavior's occurrence.

Interval Schedule

A schedule of reinforcement where a response is rewarded after a specified or varying amount of time has passed.