Mastering Maximum Likelihood Estimation: A Clear and Simple Guide 📊

If you hang out around statisticians long enough, sooner or later someone is going to mumble "maximum likelihood" and everyone will knowingly nod. After this video, so can you!
Also, some viewers asked for a worked out example that includes the math. Here it is! (you may need to click on the "Show More" button below to see the link) https://youtu.be/p3T-_LMrvBc

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0:00 Awesome song and introduction
0:34 Motivation for MLE
1:12 Overview of the Normal Distribution
2:06 Thinking about where to center the distribution
3:25 Using MLE to find the optimal location for the center
4:27 Using MLE to find the optimal standard deviation
5:19 Probability vs Likelihood



#statquest #MLE