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MLEs in a Lognormal Model from Log-Summaries

题目

Suppose positive holding-period multipliers are modeled as lognormal: if XLognormal(μ,σ2)X\sim \mathrm{Lognormal}(\mu,\sigma^2) then logXN(μ,σ2)\log X\sim N(\mu,\sigma^2). For a sample of size 12, you are given logX=0.3,i=112(logXi0.3)2=10.8.\overline{\log X} = 0.3, \qquad \sum_{i=1}^{12}(\log X_i-0.3)^2 = 10.8. Find the MLEs of μ\mu and σ2\sigma^2, and then give the fitted median of XX.

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mu

sigma_squared

median