Likelihood and quasi - likelihood estimation of transition probabilities
Ewa Bakinowska, Radosław Kala (2004)
Discussiones Mathematicae Probability and Statistics
Similarity:
In the paper two approaches to the problem of estimation of transition probabilities are considered. The approach by McCullagh and Nelder [5], based on the independent model and the quasi-likelihood function, is compared with the approach based on the marginal model and the standard likelihood function. The estimates following from these two approaches are illustrated on a simple example which was used by McCullagh and Nelder.