Wednesday, April 11, 2007

Maple, a good tool to teach maximum likelihood method

The new Maple has very convenient tool built-in to demonstrate the process of maximum likelihood estimation in an intuitive way. Unlike software like Stata, SAS, or Matlab, where the computation is done numerically under the surface, Maple solves the problem analytically with the whole process showing up on the screen. This way, students can clearly see what is happening: how to get log likelihood function, how to solve it , what the Hessian matrix looks like, etc.

Very good teaching tool.

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