Statistics Dictionary
To see a definition, select a term from the dropdown text box below. The statistics
dictionary will display the definition, plus links to related web pages.
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Range
The range is a simple measure of variation in a set of random variables. It is
difference between the biggest and smallest random variable.
Range = Maximum value - Minimum value
Therefore, the range of the four random variables (3, 5, 5, 7} would be 7 - 3 or
4.