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Among the tested parameter values, $p=0.7$ yields the highest likelihood for the observed data. The likelihood measures how well each candidate value of $p$ explains the fixed observation of 7 heads in 10 flips.

Conditions: The observed data are fixed at 7 heads in 10 flips.; The candidate values tested are $p=0.3, 0.5,$ and $0.7$.

Among the tested parameter values, $p=0.7$ yields the highest likelihood for the observed data. The likelihood measures how well each candidate value of $p$ explains the fixed observation of 7 heads in 10 flips.

Conditions: The observed data are fixed at 7 heads in 10 flips.; The candidate values tested are $p=0.3, 0.5,$ and $0.7$.