A lake contains an unknown number of fish. A sample of fish is drawn from the lake and each of these fish is marked and replaced. A week later a second sample of fish is drawn from the lake and is found to include exactly marked fish. We wish to know how many fish there are in the lake. For example, if we marked fish, then came back and saw that out of fish we looked at were marked, it suggests that of the fish in the lake were marked. If 20 is a a quarter of the fish in the lake, it suggests there were fish in the lake, but can we model this properly to work out how certain we are of our guess for ? To summarise:
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are marked and replaced,
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drawn the second time of which are observed to have been previously marked.
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Properties are more tricky mathematically than the Binomial or Poisson.