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Re:The German Tank Problem (2010) by sliverstorm on Friday November 06, 2015 @12:37PM (#10520673)
You have a key error.

Take the highest serial number, add that number divided by the sample size, subtract one.

You can then intuitively observe that as sample size increases, the "m/n" component shrinks- our highest serial number is probably going to be a lot closer to the maximum. As sample size decreases all the way to 1, the "m/n" component grows- our largest sampled serial number is probably not very close to the maximum.

Re:The German Tank Problem (2010) by alanh on Friday November 06, 2015 @02:38PM (#10521496)
To me, this is the best explanation. Very visual and intuitive. Cheers.