Maximum Likelihood

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Definition: Maximum Likelihood

Maximum Likelihood
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Full Definition of Maximum Likelihood

Maximum likelihood, also called the maximum likelihood method, is the procedure of finding the value of one or more parameters for a given statistic which makes the known likelihood distribution a maximum.

Synonyms For Maximum Likelihood

maximum likelihood method

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https://payrollheaven.com/define/maximum-likelihood/
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Maximum Likelihood. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
May 18, 2024 https://payrollheaven.com/define/maximum-likelihood/.
Chicago Manual of Style (CMS):
Maximum Likelihood. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/maximum-likelihood/ (accessed: May 18, 2024).
American Psychological Association (APA):
Maximum Likelihood. PayrollHeaven.com. Retrieved May 18, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/maximum-likelihood/

Definition Sources

Definitions for Maximum Likelihood are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 23rd March, 2020 | 0 Views.