Range

In statistics, the range of a set of data is the difference between the largest and smallest values.
However, in descriptive statistics, this concept of range has a more complex meaning. The range is the size of the smallest interval which contains all the data and provides an indication of statistical dispersion. It is measured in the same units as the data. Since it only depends on two of the observations, it is most useful in representing the dispersion of small data sets.
The range is a simple function of the sample maximum and minimum.
== See also ==
* Dispersion
* Sample maximum and minimum
Category:Statistics