Rf: Created page with "= Introduction = This is a very widely used mathematical (probabilistic) approach used when trying to build a model from real-world observations. A key aspect of the approac..."

2017-05-09T14:25:08Z

Created page with "= Introduction = This is a very widely used mathematical (probabilistic) approach used when trying to build a model from real-world observations. A key aspect of the approac..."

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= Introduction =

This is a very widely used mathematical (probabilistic) approach used when trying to build a model from real-world observations.

A key aspect of the approach is that of conditional probability, and we decide to take the real-world observations and say that their probability is in actual fact conditional on certain values that parameters that our notional model take.

Although probabilistic, and made up of probabilities, the likelihood is not itself a formal probability because all its possibilities will not add up to 1. Therefore it is often better to talk of it as a score. This aspect is also a reason why likelihood ratios are popular, because its exact nature disappears in the division.

= Formula =

<math>
f(x_1,x_2,\ldots,x_n\mid\theta) = f(x_1\mid \theta)\times f(x_2|\theta) \times \cdots \times f(x_n\mid \theta).
</math>

Now we look at this function from a different perspective by considering the observed values ''x''1, ''x''2, …, ''x''''n'' to be fixed "parameters" of this function, whereas ''θ'' will be the function's variable and allowed to vary freely; this same function will be called the
<math>
\mathcal{L}(\theta\,;\,x_1,\ldots,x_n) = f(x_1,x_2,\ldots,x_n\mid\theta) = \prod_{i=1}^n f(x_i\mid\theta).
</math>

Maximum Likelihood - Revision history

Rf: Created page with "= Introduction = This is a very widely used mathematical (probabilistic) approach used when trying to build a model from real-world observations. A key aspect of the approac..."