The Method of Maximum Likelihood Estimation (MLE) Is Used to ________

question 6

Short Answer

The method of maximum likelihood estimation (MLE) is used to ________ the parameters of a logit model.

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Definitions:

Morality

Principles concerning the distinction between right and wrong or good and bad behavior.

Safety

The state of being safe from or not prone to causing harm, risk, or damage.

Legitimately

Legitimately refers to something conducted in accordance with established legal rules, principles, or standards.

Distributive Justice

A principle concerned with the fair allocation of resources among diverse members of a community.