The (hypothetical) data given below are based on a random sample of customers shopping at a local electronics store. The goal of the study was to determine whether students are equally likely to own an iPad than non-students. The study was conducted by asking the first 500 customers who walked into the store: (1) if they were currently full-time students (yes/no) and (2) if they own an iPad (yes/no). The following data were obtained: Full-time student Own an iPad Yes No Yes 68 112 No 44 276 (a) Based upon these data, what is the maximum likelihood estimate of the probability that a customer owns an iPad? (Note: You do not need to derive the MLE, just calculate it based on the data given.)
The (hypothetical) data given below are based on a random sample of customers shopping at a local electronics store. The goal of the study was to determine whether students are equally likely to own an iPad than non-students. The study was conducted by asking the first 500 customers who walked into the store: (1) if they were currently full-time students (yes/no) and (2) if they own an iPad (yes/no). The following data were obtained: Full-time student Own an iPad Yes No Yes 68 112 No 44 276 (a) Based upon these data, what is the maximum likelihood estimate of the probability that a customer owns an iPad? (Note: You do not need to derive the MLE, just calculate it based on the data given.)
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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