bumblingchronic
New member
- Joined
- May 15, 2014
- Messages
- 1
I am stuck on a question that I really believe should be quite simple.
Obviously the answer to part i is 4/10, but I don't know how to get the answer to part ii. I do know the answer is 5/12 however.
Any help would be greatly appreciated.
Consider a coin with an unknown probability p of landing heads. Suppose that it istossed 10 times and lands heads on 4 occasions.
(i) [5 marks] What is the maximum likelihood estimate for p?
(ii) [5 marks] If we used a uniform prior for p, what would the mean of the posterior be
after observing the data?
Obviously the answer to part i is 4/10, but I don't know how to get the answer to part ii. I do know the answer is 5/12 however.
Any help would be greatly appreciated.