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A simple approach to maximum intractable likelihood estimation

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Figure

Fig 1. Effect of k ∈ {30, 100, 1, 000, 2, 000, . . . , 10, 000} for ε = 0.05. The continuous red linerepresents the true MLE value.
Fig 3. Monte Carlo variability of the AMLE: (a) µ; (b) σ. The dashed lines represent thetrue MLE value.
Fig 4. Logarithmic daily returns using the closing price of IBM ordinary stock Jan. 1 2009to Jan
Fig 5. Monte Carlo variability of the AMLE: (a) α; (b) µ; (c) σ. Horizontal lines representMLE estimator produced by the R package ‘fBasics’.
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