The code is here
\documentclass{article}
\usepackage{amsmath}
\begin{document}
\begin{equation}
\begin{array}{ll}
\hat{\mu_1}&=\dfrac{\sum_{i=1}^nX_{i,1}}{n}\\
\hat{\mu_2}&=\dfrac{\sum_{i=m+1}^nX_{i,2}}{n-m}\\
\hat{\sigma_1^2}&=\dfrac{\sum_{i=1}^n(X_{i,1}-\hat{\mu_1})^2}{n}\\
\hat{\sigma_2^2}&=\dfrac{\sum_{i=m+1}^n(X_{i,2}-\hat{\mu_2})^2}{n-m}\\
\hat{p}&=\dfrac{\sum_{i=m+1}^n(X_{i,1}-\hat{\mu_1})(X_{i,2}-\hat{\mu_2})}{n-m}
\end{array}
\end{equation}
\end{document}
I try to reproduce the problem,and check whether missing bracket.But the error is still there.
.logfile obtained after processing the code you just posted. If the file is too long, you can upload it elsewhere (pastebin, for example) and provide a link here. – Gonzalo Medina Oct 12 '12 at 4:54.auxfile from a previous run causing the problem. – Gonzalo Medina Oct 12 '12 at 5:38