I need to take the first derivative of
$$\sum Y_i (\log(\Theta )) +(n-\sum Y_i)(\log(1-\Theta )) $$
with respect to theta, and then solve for theta. I believe this is my derivative...
$$\frac d{d\Theta} =\frac{ \sum Y_i}{ \Theta} +\frac{(n-\sum Y_i)}{1-\Theta} $$
but now (if that is right) I dont know how to solve for theta...
You want to solve $0 =d/d\Theta =\frac{ \sum Yi}{ \Theta} +\frac{(n-\sum Yi)}{1-\Theta} $.
Letting $a = \sum Yi$ and $b = (n-\sum Yi)$, this is $0 =\frac{a}{ \Theta} +\frac{b}{1-\Theta} $.
Multiplying by $\Theta(1-\Theta)$, this becomes $0 =a(1- \Theta) +b\Theta =a +(b-a)\Theta $, so $\Theta =\frac{a}{a-b} =\frac{\sum Yi}{\sum Yi-((n-\sum Yi))} =\frac{\sum Yi}{2\sum Yi-n} $.