Reading 10b: Maximum Likelihood Estimates - MIT OpenCourseWare

P(data p) = (55p54(1 p)45 45p55(1 p)44) = 0: dp j 55 Solving this for pwe get 55p54(1 p)45 = 45p55(1 p)44 55(1 p) = 45p 55 = 100p the MLE is p^= :55 Note: 1. The MLE for pturned out to be exactly the fraction of heads we saw in our data. 2. The MLE is computed from the data. That is, it is a statistic. 3. ................
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