Let be the probability a randomly selected voter prefers the Republican candidate. You sample 2 people, and neither prefers, the Republican. Find the point estimate of w. Does this estimate seem sensible? Why? (The Bayesian estimator is an alter- native one that uses a subjective approach, combin- ing the sample data with your prior beliefs about before seeing the data. For example, if you believed wwas equally likely to fall anywhere from 0 to 1, the Bayesian estimate adds two observations, one of each type, thus yielding the estimate 1/4.)