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Test your understanding with targeted questions related to the topic.
Question 1
Easy
What does MLE stand for and what is its primary purpose?
π‘ Hint: Think about what 'maximum likelihood' implies.
Question 2
Easy
Define Bayesian Estimation in one sentence.
π‘ Hint: Consider the concept of combining previous knowledge with new information.
Practice 4 more questions and get performance evaluation
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What is the primary goal of Maximum Likelihood Estimation?
π‘ Hint: Remember that MLE focuses on maximizing.
Question 2
True or False: Bayesian Estimation cannot use prior knowledge.
π‘ Hint: Think about how Bayesian methods utilize existing information.
Solve 1 more question and get performance evaluation
Push your limits with challenges.
Question 1
Suppose you have a dataset of coin flips with 8 heads and 2 tails. Use MLE to estimate the probability of heads. Explain your reasoning.
π‘ Hint: Consider the formula for likelihood in relation to successful outcomes.
Question 2
Imagine you are developing a new drug. You have some prior evidence about its effectiveness from previous studies. How would you apply Bayesian Estimation to incorporate this information into your current analysis?
π‘ Hint: Remember how prior knowledge can influence your current estimates.
Challenge and get performance evaluation