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A maximum of the likelihood function occurs at the same parameter-value as a maximum of the logarithm of the likelihood (the "log likelihood"), because the logarithm is an increasing function. The log-likelihood is easier to maximize, especially for the multiplied likelihoods for independent random variables. [77]
Henry John Heinz II (July 10, 1908 – February 23, 1987) was an American business executive and CEO of the H. J. Heinz Company based in Pittsburgh, Pennsylvania, US. His grandfather Henry J. Heinz founded the company in the nineteenth century, and he worked in a variety of positions within the company before becoming CEO.
Early in his career, Patricio worked for Philip Morris International, Coca-Cola and Johnson & Johnson. [1] Patricio then worked for Anheuser-Busch InBev for two decades, rising to chief marketing officer, from 2012 until July 2018.
Kraft Foods Inc. (/ ˈ k r æ f t /) was a multinational confectionery, food and beverage conglomerate. [4] It marketed many brands in more than 170 countries. Twelve of its brands annually earned more than $1 billion worldwide: Cadbury, Jacobs, Kraft, LU, Maxwell House, Milka, Nabisco, Oreo, Oscar Mayer, Philadelphia, Trident, and Tang. [5]
Mondelez International, Inc. (/ ˌ m ɒ n d ə ˈ l iː z / MON-də-LEEZ), [3] styled as Mondelēz International, is an American multinational confectionery, food, holding, beverage and snack food company based in Chicago. [4]
On 1 March 2010, Nestlé concluded the purchase of Kraft Foods's North American frozen pizza business for US$3.7 billion. Since 2010, Nestlé has been working to transform itself into a nutrition, health and wellness company in an effort to combat declining confectionery sales and the threat of expanding government regulation of such foods.
Robert Kenneth Kraft [1] (born June 5, 1941) is an American billionaire businessman. He is the chairman and chief executive officer (CEO) of the Kraft Group, a diversified holding company with assets in paper and packaging, sports and entertainment, real estate development, and a private equity portfolio.
Altria Group (formerly Philip Morris) spun off remaining shares of Kraft Foods to Altria shareholders in 2007. On November 4, 2015, owner Kraft Heinz announced it would move the Oscar Mayer headquarters and the company's U.S. meats business from Madison to Chicago.