Question: Extra Credit Problem (10 points) Perform Monte Carlo integration using R statistical programming to estimate the value of 11:. To summarize the approach, consider the

Extra Credit Problem (10 points) Perform Monte
Extra Credit Problem (10 points) Perform Monte Carlo integration using R statistical programming to estimate the value of 11:. To summarize the approach, consider the unit quarter circle illustrated in the gure below: Generate N pairs of uniform random numbers (x, y), where x~ U (0,1) and 31 ~ U (0,1), and each (x, y) pair represents a point in the unit square. To obtain an estimate of it, count the fraction of points that fall inside the unit quarter circle and multiply by 4. Note that the fraction of points that fall inside the quarter circle should tend to the ratio between the area of the unit quarter circle (i.e., % 7:) as compared to area of the unit square Ge, 1). We proceed step-by-step: 3) Create a function insidecircle that takes two inputs between 0 and l and returns 1 if ____ ___:__J._ 13.11 ___21_I_:__ LI- _ ____ :4. ____1_

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