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

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)

if we do not know the true probability of success, can we find a ”bestestimate” for it,

A streaming TV service classifies its science fiction programs before they go to air. In the past it was discovered that 30% of shows was successful and 70% unsuccessful. Seventy percent of successful shows had positive feedback from focus groups and 40% of unsuccessful shows had positive feedback. Given that a show has positive feedback from the focus group what is the probability that it will be successful (round your answer to four decimal places)?

_____ describes the likelihood that if a person tries to perform better, that will really be the result.

The probabilities of success and failure do not "" from trial to trial.