One out of 150 people you know wins $500 in a raffle that costs $5 to enter.
Question:
Find the likelihood as a function of the binomial proportion p in each of the above case, and find the maximum likelihood.
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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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