Parameter Estimation and Evaluation Population and Distribution Model Population and Distribution Model Parametric Approach]Consider a class of parametric candidate distributions F={f(,0):0∈Θ}, where f:2×O→R+is a known PMF/PDF function,2 is the support of Xi,is a parameter space that contains all plausible values for a p x 1 parameter vector 0,with p a fixed integer.Each value of 0e gives a distribution model for fx(x). Parameter Estimation and Evaluation Introduction to Statistics and Econometrics April 21,2020 4/207Parameter Estimation and Evaluation Parameter Estimation and Evaluation Introduction to Statistics and Econometrics April 21, 2020 4/207 Population and Distribution Model Population and Distribution Model