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The representative number that captures the range spanned by the data points is called ___.Answer text Question 40

Question

The representative number that captures the range spanned by the data points is called ___.

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Solution

The representative number that captures the range spanned by the data points is called the range. The range is a measure of variability and is computed as the difference between the highest and lowest values in a dataset. In statistical terms, if you have a set of data points x1,x2,,xn x_1, x_2, \ldots, x_n , the range R R can be expressed as:

R=max(xi)min(xi) R = \max(x_i) - \min(x_i)

where max(xi) \max(x_i) is the maximum value and min(xi) \min(x_i) is the minimum value of the dataset.

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