Mathematics, 16.04.2020 20:17 dallisjuhnke

The number of red chips and white chips in an urn is unknown, but the proportion, p, of reds is either 1/3 or 1/2. A sample size , drawn with replacement, yields the sequence red, white, white, red, and white. What is the maximum likelihood estimate of p?

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The number of red chips and white chips in an urn is unknown, but the proportion, p, of reds is eith...

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