In MATLAB: Generate a sequence of 50 uniform random numbers and find their range. Repeat this procedure M = 1000 times: you will obtain 1000 ranges for 1000 sequences of 50 uniforms. Next, simulate...

In MATLAB: Generate a sequence of 50 uniform random numbers and find their range. Repeat this procedure M = 1000 times: you will obtain 1000 ranges for 1000 sequences of 50 uniforms. Next, simulate 1000 percentiles from a beta Be (49.2) distribution for p = (1: 1000)/1001. Use?\I-file betainv(p, 49, 2). Produce a histogram for both sets of data, comparing the ordered ranges and percentiles of their theoretical distribution. Be (49.2).