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A maximum of the likelihood function occurs at the same parameter-value as a maximum of the logarithm of the likelihood (the "log likelihood"), because the logarithm is an increasing function. The log-likelihood is easier to maximize, especially for the multiplied likelihoods for independent random variables.
Logo for the Integrated Personnel and Pay System - Army. Integrated Personnel and Pay System-Army ( IPPS-A) is a United States Army acquisition program that seeks to integrate human resources and pay for all Army Soldiers. It provides online tools and replaces older Army human resource systems. It also provides talent management capabilities ...
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Occupation. Hedge fund manager. Known for. Founder of AKO Capital. Children. 3. Nicolai Tangen (born 10 August 1966) [1] is a Norwegian hedge fund manager who founded AKO Capital. He is credited with holding the biggest private collection of modernist Nordic art in the world. [2] [3] He has since September 2020 been CEO of Norges Bank ...
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