Give one reason why we typically compute the log-likelihood


Problem

i. Why should you use a multistart optimization search when estimating a "willingness to pay" space model?
ii. Give one reason why we typically compute the log-likelihood during maximum likelihood estimation rather than simply the likelihood.

Request for Solution File

Ask an Expert for Answer!!
Computer Engineering: Give one reason why we typically compute the log-likelihood
Reference No:- TGS03276459

Expected delivery within 24 Hours