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Range is the statistical tool used in statistics to measure the deviation of the of the variate value from the central value.
& Range = Highest Variate value - Lowest variate value [ Individual / Discrete series]
or Highest limit - Lowest limit [ Continous Series]
For example,
If the data has range equal to 15.
Then, we can say that most of the variate values deviated by 15.
Hope this has helped you to clear the concept of "Range". Now share the information with your friends too.
| 15 years ago. Rating: 0 | |
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