http://en.wikipedia.org/wiki/Maximum_likelihood(adsbygoogle = window.adsbygoogle || []).push({});

What exactly does the "arg" here mean? It seems to be an unnecessary - the max L(\theta) seems to be sufficient enough. Or am I missing something?

[tex]\widehat{\theta} = \underset{\theta}{\operatorname{arg\ max}}\ \mathcal{L}(\theta).[/tex]

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# Question on maximum likelihood

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