Say that data is assumed to be exponentially distributed with mean $\zeta$. The likelihood function then incldues the factor $\exp{- \sum x_i/\zeta}$. For a big data set, this is potentially a really small value. How does one then deal with things like the likelihood ratio test, in which we need to take the ratio of such really small numbers?
I've tried R and it doesn't do it properly. It just returns NaN.