Mathematics and Statistics · Ch 11 — Measures of Dispersion
Range and Coefficient of Range
Range and Coefficient of Range
The Range is the simplest measure of dispersion — the difference between the largest and smallest values in the data.
Range
where is the largest value and is the smallest value. For a grouped (continuous) frequency distribution, is taken as the upper boundary of the highest class and as the lower boundary of the lowest class.
The range is an absolute measure (same units as the data). Its unit-free companion is the coefficient of range:
Coefficient of Range
a pure number, used to compare the spread of two different data sets.
Example. For the marks : , , so and .
Merits and limitations
- Merit: very easy to compute and understand; genuinely useful where only the extremes matter — daily temperature ranges, the highest and lowest share price of the day, quality-control tolerance limits. …
, the difference between the largest value and smallest value ; an absolute me …
, the unit-free relative measure of dispersion correspondin …