Range formula: Range Meaning In statistics

Brand : Range Formula

Range Meaning In statistics, the difference between the highest and lowest observations in a given data is called its Range. Range Formula The formula to calculate the range of a data set is given below: Range = Maximum value – Minimum value However, we can define the formulas to find the range of grouped and ungrouped data. Range of ... What is Range? Range is the easiest to understand of all the measures of dispersion. The difference between the largest and smallest item in a distribution is called range. It can be written as: Range (R) = Largest item (L) – Smallest item (S) For example, If the marks of 5 students of class XIth are 20, 15, 18, 14, 17. After arranging the marks in ascending (or descending) order, the difference between the highest and lowest scores will be the range of marks. Therefore, the range in this ... Range = Maximum Value - Minimum Value. How to Calculate Range? Identify the maximum value (the largest value) in your dataset. Identify the minimum value (the smallest value) in your dataset. Subtract the minimum value from the maximum value to find the range. Learn how to calculate the range, a measure of variability, by subtracting the lowest value from the highest value in a data set. See examples, a calculator, and tips on how to interpret the range with or without outliers.

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