(Continuation). Consider the same model when α ∈ [1, 2]. Describe the asymptotic properties of the MLE of θ. What are the main differences in the two cases: (a) 0 (Continuation). Verify the last...

(Continuation). Consider the same model when α ∈ [1, 2]. Describe the asymptotic properties of the MLE of θ. What are the main differences in the two cases: (a) 0 <>

(Continuation). Verify the last problem when f(x) is a Cauchy density. Is ρ(.) in Problem 5.3.1 convex?