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Exercise 3. (5 points) For this exercise, the only extra packages allowed are boot and Ecdat. Consider the dataset Strike in the package Ecdat. The

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Exercise 3. (5 points) For this exercise, the only extra packages allowed are boot and Ecdat. Consider the dataset Strike in the package Ecdat. The dataset contains a variable named duration that measures the length of some factory strikes (in number of days). An economist is interested in studying that duration variable. If n is the sample size, and X, represent the duration of strike i, then the economist is interested in computing the quantity log (X.)

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