It is known that the probability p of tossing heads on an unbalanced coin is either 1/4 or 3/4. The coin is tossed twice and a value for Y , the number of heads, is observed. For each possible value of Y , which of the two values for p (1/4 or 3/4) maximizes the probability that Y = y? Depending on the value of y actually observed, what is the MLE of p?