Range (statistics)

In descriptive statistics, the range of a set of data is size of the narrowest interval which contains all the data. It is calculated as the difference between the largest and smallest values (also known as the sample maximum and minimum). It is expressed in the same units as the data.

The range provides an indication of statistical dispersion. Closely related alternative measures are the Interdecile range and the Interquartile range.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.