$\newcommand{\E}{\text{E}}$$\newcommand{\Var}{\text{Var}}$$\newcommand{\Y}{\mathcal Y}$Here I’m going to introduce Monte Carlo maximum likelihood estimation (MCMLE) and I’ll use it to fit a logistic…
$\newcommand{\x}{\mathbf x}$ In this post I’m going to dust off the shell method from first semester calculus and use it…