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Voya Financial is an American financial, retirement, investment and insurance company based in New York City. Voya began as ING U.S., the United States operating subsidiary of ING Group, which was spun off in 2013 and established independent financial backing through an initial public offering. [2]
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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. [77]
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Logarithm to the base of the mathematical constant e The natural logarithm of a number is its logarithm to the base of the mathematical constant e, which is an irrational and transcendental number approximately equal to 2.718. The natural logarithm of x is generally written as ln x, loge x, or sometimes, if the base e is implicit, simply log x. Parentheses are sometimes added for clarity ...
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