A coin is flipped two times. Let Y = the numbers of heads obtained, while the probability
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Question:
A coin is flipped two times. Let Y = the numbers of heads obtained, while the probability of a head equals π.
Suppose y = 0 in 2 flips. Find the ML estimate of π. Does this estimate seem to be reasonable? Why?
The Bayesian estimator is an alternative type that combines the sample data with one's prior beliefs about the value of the parameter.
Related Book For
Modeling the Dynamics of Life Calculus and Probability for Life Scientists
ISBN: 978-0840064189
3rd edition
Authors: Frederick R. Adler
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