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- W2012039489 abstract "Recently, statistician emphasized on the fitting of finite mixture model by using maximum likelihood estimation as it provides asymptotic properties. In addition, it shows consistency properties as the sample sizes increases to infinity. This illustrated that maximum likelihood estimation is an unbiased estimator. Moreover, the estimate parameters obtained from the application of maximum likelihood estimation have smallest variance as compared to others statistical method as the sample sizes increases. Thus, maximum likelihood estimation is adopted in this paper to fit the two-component mixture model in order to explore the relationship between rubber price and exchange rate for Malaysia, Thailand, Philippines and Indonesia. Results described that there is a negative effect among rubber price and exchange rate for all selected countries." @default.
- W2012039489 created "2016-06-24" @default.
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- W2012039489 date "2014-01-01" @default.
- W2012039489 modified "2023-09-23" @default.
- W2012039489 title "Finite mixture model: A maximum likelihood estimation approach on time series data" @default.
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- W2012039489 doi "https://doi.org/10.1063/1.4894339" @default.
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