It can be shown that the median of (2n + 1) random numbers from the interval (0, 1)is a beta random variable with parameters(n+1, n+1). Use this property to simulate a beta random variable with...

It can be shown that the median of (2n + 1) random numbers from the interval (0, 1)is a beta random variable with parameters(n+1, n+1). Use this property to simulate a beta random variable with parameters (n+1, n+1), n being a positive integer.