Range Formula:
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The range is the simplest measure of variability in a data set. It represents the difference between the highest and lowest values in the data set, showing how spread out the values are.
The calculator uses the range formula:
Where:
Explanation: The range gives a quick estimate of the spread of the data but is sensitive to outliers.
Details: While simple, the range is useful for getting a quick sense of data variability and is often used alongside other measures like standard deviation.
Tips: Enter the maximum and minimum values from your data set. The calculator will compute the difference between them to find the range.
Q1: What are the limitations of using range?
A: Range only considers two values (max and min) and is highly sensitive to outliers. It doesn't describe the distribution of other values.
Q2: How does range relate to standard deviation?
A: Both measure spread, but standard deviation considers all data points. Range is simpler but less informative.
Q3: When is range most useful?
A: For small data sets or when you need a quick estimate of variability. Also useful for quality control ranges.
Q4: Can range be negative?
A: No, since it's the difference between max and min (and max ≥ min), range is always zero or positive.
Q5: What's the difference between range and interquartile range?
A: Interquartile range (IQR) measures middle 50% of data, making it more resistant to outliers than regular range.