A coin tossing example
	• Suppose we know nothing about coins except that each tossing event produces a head with some unknown probability p and a tail with probability 1-p. Our model of a coin has one parameter, p. • Suppose we observe 100 tosses and there are 53 heads.  What is p? • The frequentist answer: Pick the value of p that makes the observation of 53 heads and 47 tails most probable.
					probability of a particular sequence