I have tried to solve the problem, but I got the max likely hood estimate for p is 2/3, but it is given either 1/ 3 or 1/2. So please clear out my confusion.
The number of red chips and white chips in an urn is unknown, but the proportion, p, of reds is either 1/ 3 or 1/2 . A sample of size 5, drawn with replacement, yields the
sequence red, white, white, red, and white. What is the maximum likelihood estimate for p?
Thanks in advance