Hi, I'm trying to solve the following problem:
Let Y1, Y2, ..., Yn denote a random sample from the probability density function
and 0 elsewhere.
Find the MLE for . Compare the answer to the method-of-moments answer: [2(Y bar) -1]/[1-(Y bar)
Sorry for that last part. Y bar means Y with the line on top.
I tried to do this by taking the lns of each term after multiplying the fy's, taking the derivative with respect to theta, and equating to zero but I end up with - (ln y + 1). Is this possible? I figure it's not since it asks to compare to the M.O.M. answer which seems totally different...