Question: . Refer to the previous problem. a. Calculate the binomial probabilities for N = 2 when the probability of a head for each flip equals

. Refer to the previous problem.

a. Calculate the binomial probabilities for N = 2 when the probability of a head for each flip equals (i) = .6, (ii) = .4.

b. Suppose we observe Y = 1. Calculate and sketch the likelihood function.

c. Using the plotted likelihood function from (b), show that the ML estimate of TT equals .5.

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