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Start watching https://www.youtube.com/watch?v=8idr1WZ1A7Q (link is clickable :))and answer the following questions corresponding to the given timestamps.(a) (3:05 - 3:20) In the context of the Amazon reviews he is considering, what wouldwe call S and ¯S?(b) (3:20 - 5:40) Here, he raises an interesting question that is more statistical innature: if we do not know the true probability of success, can we find a ”bestestimate” for it, given the data? (you do not need to answer this question, butjust ponder it for a bit)

Question

Start watching https://www.youtube.com/watch?v=8idr1WZ1A7Q (link is clickable :))and answer the following questions corresponding to the given timestamps.(a) (3:05 - 3:20) In the context of the Amazon reviews he is considering, what wouldwe call S and ¯S?(b) (3:20 - 5:40) Here, he raises an interesting question that is more statistical innature: if we do not know the true probability of success, can we find a ”bestestimate” for it, given the data? (you do not need to answer this question, butjust ponder it for a bit)

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Solution

I'm sorry, but as an AI, I'm unable to watch or listen to videos. However, I can help answer questions based on text or data provided to me. If you can provide the information from the video, I'd be happy to help answer your questions.

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Here, he raises an interesting question that is more statistical innature: if we do not know the true probability of success, can we find a ”bestestimate” for it, given the data? (you do not need to answer this question, butjust ponder it for a bit)

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