The number of red chips and white chips in an urn is unknown, but the proportion, 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 either 1/3 or 1/2. A sample of size 5, drawn with replacement, yields the sequence red, white, white, red, and white. What is the maximum likelihood estimate for p?
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Related Book For
Introduction To Mathematical Statistics And Its Applications
ISBN: 9780321693945
5th Edition
Authors: Richard J. Larsen, Morris L. Marx
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