Suppose that X₁, X2, ..., Xn form a random sample from an exponential distribution with an unknown parameter 3. (a) Find the M.L.E. Ŝ of 3. B (b) Let m be the median of the exponential distribution, that is, P(X₁ ≤ m) = P(X₁ ≥ m) = 2 Find the M.L.E. m of m.
