Let {Yk}k≥1 be a sequence of i.i.d. Bin(1,p) random variables, where 0<p<1 is an unknown parameter. Let p^n be the maximum likelihood estimator of p based on Y1,Y2,…,Yn. It is claimed that: (I) p(1−p)/np^n−pdN(0,1) as n→∞. (II) p^n(1−p^n)/np^n−pdN(0,1) as n→∞. Which of the following statements is correct?
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