Estimation of Exponential Distribution by Method of Moment
This video details how to #estimate the #exponential #distribution by #method of #moment. Moreso, the step by step approach for finding the method of moment is explained where the #sample #mean equals the #population #mean.
Also, for every given #distribution the #sample mean must #equate the #population mean and the #variables compared to get the method of moment estimation...
However, for the exponential distribution, we talked about the first moment...
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