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The maximum likelihood method calculates the likelihood statistics, which helps estimate the ______.

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Final answer:

The maximum likelihood method calculates the likelihood statistics, which helps estimate the model parameters.

Step-by-step explanation:

The maximum likelihood method calculates the likelihood statistics, which helps estimate the model parameters. Maximum likelihood estimation is a statistical method used to find the parameter values that make the observed data most likely given a certain model. It is widely used in various fields, including biology, physics, and economics.

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