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Range in statistics, is the difference between highest and lowest observation in a data. In statistics, range defines the difference between maximum and minimum values. Learn more about range at BYJU’S, with examples.
23 Σεπ 2024 · In statistics, a range refers to the difference between the highest and lowest values in a dataset. It provides a simple measure of the spread or dispersion of the data. Calculating the range involves subtracting the minimum value from the maximum value.
What is Meant by Range in Statistics? In Mathematics, the range is defined as the difference between the highest and lowest data point of the given dataset. Go through the below steps to find the range of the given dataset. Step 1: Arrange the data values in ascending or descending order.
In this mini-lesson, we shall explore the topic of range in statistics, by finding answers to questions like what is meant by range in statistics, how to find range in statistics, what is the rule of thumb to find the range, and what are the limitations of range.
17 Μαΐ 2023 · In this maths article, we shall read about the range of statistics, its formula, and rule of thumb to find the range. We shall also solve some examples for better understanding of the concept. Statistically, the range for a data is the difference between the highest and the lowest values.
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 .
Range is a fundamental concept in statistics used to analyze data and make useful interpretations. What can you tell from the range about the data? It tells us the variability of the data or how the data points are spread or how far apart the highest value is from the lowest.
