Maximum Likelihood Estimator: 1/n * Sum(Appearances), e.g.: HHHT => 1/4 * Sum(H) => 1/4 * 3 = 0.75
Intro to Statistics
These thoughts were extracted from Udacity online course and cover topics such as: Visualizing relationships in data, Probability, Estimation, Outliers and Normal Distribution, Inference and Regression.