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

In statistics, the range is a measure of dispersion that signifies the difference between the highest and lowest values in a dataset. It provides a simple way to quantify the spread or variability of the data points. The formula to calculate the range is:

$$
\text{Range} = \text{Maximum Value} - \text{Minimum Value}
$$

While the range gives a quick sense of the variability within a dataset, it does not provide information about the distribution of the values or any outliers present. Thus, while it is useful, it should be considered alongside other statistical measures such as the interquartile range, variance, and standard deviation for a more comprehensive understanding of the data's behavior.

Question

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

In statistics, the range is a measure of dispersion that signifies the difference between the highest and lowest values in a dataset. It provides a simple way to quantify the spread or variability of the data points. The formula to calculate the range is:

$$
\text{Range} = \text{Maximum Value} - \text{Minimum Value}
$$

While the range gives a quick sense of the variability within a dataset, it does not provide information about the distribution of the values or any outliers present. Thus, while it is useful, it should be considered alongside other statistical measures such as the interquartile range, variance, and standard deviation for a more comprehensive understanding of the data's behavior.

Knowee AI · Accepted Answer

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

In statistics, the range is a measure of dispersion that signifies the difference between the highest and lowest values in a dataset. It provides a simple way to quantify the spread or variability of the data points. The formula to calculate the range is:

$$
\text{Range} = \text{Maximum Value} - \text{Minimum Value}
$$

While the range gives a quick sense of the variability within a dataset, it does not provide information about the distribution of the values or any outliers present. Thus, while it is useful, it should be considered alongside other statistical measures such as the interquartile range, variance, and standard deviation for a more comprehensive understanding of the data's behavior.

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

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

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