Mark Huber's Abstract

 

Claremont Mathematics Weekend

 

Sponsored by Claremont Colleges

 

January 30 - 31, 2016

 

Speaker: Mark Huber
Title: A New Way of Estimating the Probability of Heads on a Coin
Abstract:

Given a coin with unknown probability of heads and the ability to flip the coin as often as one wishes, what is the best way of estimating the chance that a coin flip is heads?  In this talk I will present a new estimator for this problem with the important property that the relative error of the estimate does not depend on the quantity being estimated.