3. The beta distribution is a flexible distribution for continuous data that are between 0 and 1. Take a look at the beta distribution on wikipedia to familiarize yourself with it. a. Using the "rbeta" command in R, simulate 200 random variables, each with distribution x; ~ Beta(2,5)where the "shape1" parameter is 2 and the "shape?" parameter is 5. Plot a histogram of your simulated data. b. Use "optim" in R to numerically find the MLEs of both shape parameters using the data you simulated. Show all code used, and clearly show your estimate. c. Now repeat (a) and (b) 100 times. That is, simulate 200 random variables, run optim using those 200 random variables, and save the MLEs for "shape1" and "shape?", then do this over and over again 100 times. Plot a histogram of your MLEs for "shape1", and another histogram of your 200 MLEs for "shape?&quot