Range formula: We can use following steps for range
We can use following steps for range calculation: 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. Range = Maximum value − Minimum value. 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 ... Learn how to calculate the range of a set of data using the formula range = maximum value - minimum value. See examples, applications, and download a free Excel template to use the range formula. In this article, we will discuss how to calculate the range for any dataset using the formula. What is Range in Statistics? The range, a measure of variability in statistics. It is the difference between the highest and lowest values in a dataset. Range determines the spread of numbers or data from the lowest to the highest value.
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