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Imagine that a person, say his name is Flip, has an oddly deformed coin and tries the following experiment. Flip flips his coin 10 times, 7 of which are heads. You think maybe Flip’s coin is biased towards having a greater probability of yielding a head than 50%. a. What is the maximum likelihood estimate of p, the true probability of heads associated with this coin? b. Plot the likelihood associated with this experiment. Renormalize the likelihood so that its maximum is one. Does the likelihood suggest that the coin is fair? c. probability of seeing 7 or more heads out of ten coin

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