AIChE Journal · 1982 · 45 citations · 14 references
BusinessMechanical EngineeringComputational ThermodynamicsStatistical ModelingThermodynamicsLikelihood EstimationMaximum Likelihood EstimationModel FittingParameter EstimationParameter Estimation Under UncertaintyStatistical ThermodynamicsLikelihood PrincipleMaximum Likelihood EstimatorMethod Of Maximum LikelihoodPhysical Parameter EstimationSystematic ErrorsThermodynamic ModelingThermodynamic Parameter Estimation
Abstract The statistical behavior of some common parameter estimation methods is investigated by simulation. The methods based on the maximum likelihood principle give the best estimates of parameters in a given model. An analysis of the possibilities for detecting systematic errors by means of the maximum likelihood method showed that this method gives at best the same information as other well known tests.
14