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S4E02 Underachievers, Overachievers, & Maximum Likelihood Estimation

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Maximum Probability Estimates - What Are They?

Maxim likelihood is something that gets really hairy when it starts to get big in terms of the models and other things. Let's start small. Do you have maybe a little example, just to plant some of the ideas of what maxim likelihood is and how it helps us to think about things? I do. It was at this point that i proceeded to tell an 11 minute story on tank production during world war two, of which gregg cut the entire thing. But i don't want to spoil it, and we don't need to start there. You're only allowed to observe one bus. So the maximum likelihood estimate in that scenario is 27. Why? Because the highest probability that you

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