A marketer is interested in how many customers are likely to buy a particular product in a

Question:

A marketer is interested in how many customers are likely to buy a particular product in a particular store. Let P be the proportion of all customers in the store who will buy the product. Let the of P be uniform on the interval [0, 1] before observing any data. The marketer then observes 25 customers and only six buy the product. If the customers were conditionally independent given P, find the conditional of P given the observed customers.
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...