What Range is
Range is a measure of dispersion in statistics. It is the difference between the highest and lowest values in a data set. The range can be used to identify outliers and to measure the variability of the data.
Steps for calculating Range:
- Arrange the data set in ascending or descending order.
- Find the highest value (maximum) and the lowest value (minimum) in the data set.
- Subtract the minimum value from the maximum value.
- The result is the Range of the data set.
Examples
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Range is used to measure the spread of a dataset, which is the difference between the highest and lowest values within that dataset.
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Range is used to identify outliers in a dataset.
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Range can be used to compare the spread of two different datasets.
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Range is used to measure the variability of a dataset.
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Range can be used to calculate the standard deviation of a dataset.