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maximum likelihood

noun (statistics)
1.
the probability of randomly drawing a given sample from a population maximized over the possible values of the population parameters
2.
the non-Bayesian rule that, given an experimental observation, one should utilize as point estimates of parameters of a distribution those values which give the highest conditional probability to that observation, irrespective of the prior probability assigned to the parameters
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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