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Likelihood functions 
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#1
Nov1612, 01:49 PM

P: 118

As far as I know, the definition of likelihood functions is the probability of a given random variable result given some parameter (please correct me if I'm wrong). What kind of parameters are usually handled by likelihood functions? Population parameters? Statistical model parameters? Both?



#2
Nov1612, 04:25 PM

Sci Advisor
P: 3,300

The fact that a value of the denstiy function isn't an actual probability explains why the phrase "maximum liklihood" is used instead of the simpler phrase "maximum probability". 


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