What Is Range In Statistics
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What Is Range In Statistics
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Learn More How is the Range Calculated If you are worried calculating range is as complicated as it sounds then it is not In fact it is one of the easiest formulas you might have ever come across in math or statistics Here is the range formula Range Highest Value Lowest Value R H L The Range is the difference between the lowest and highest values. Example: In {4, 6, 9, 3, 7} the lowest value is 3, and the highest is 9. So the range is 9 − 3 = 6. It is that simple!
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What Is Range In StatisticsThe range of a data set is the difference between the maximum and the minimum values. It measures variability using the same units as the data. Larger values represent greater variability. The range is the easiest measure of dispersion to calculate and interpret in statistics, but it has some limitations. In this post, I’ll show you how to . In descriptive statistics range is the size of the smallest interval which contains all the data and provides an indication of statistical dispersion Since it only depends on two of the observations it is most useful in representing the dispersion of small data sets
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