2.8 Verify that the value of p in Equation (2.1) maximises the relevant likelihood. Note that the...
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2.8 Verify that the value of ˆp in Equation (2.1) maximises the relevant likelihood. Note that the problem here is equivalent to finding the maximumlikelihood estimate of the binomial probability p when r successes occur out of n independent Bernouilli trials. Why is this?
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