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A researcher wants to estimate the proportion of bass in a lake's fish population (p). The researcher fishes on N days and each day the
A researcher wants to estimate the proportion of bass in a lake's fish population (p).
The researcher fishes on N days and each day the researcher fishes until two bass are caught.
All fish are released back into the lake.
Estimate the proportion of bass in the fish population using Maximum Likelihood Estimation.
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