A. Mean
B. Mode
C. Range
D. None
Answer is = C
That’s right! Out of the given options, the difference between the maximum and minimum values in a data set is called the:
C. Range
Here’s why the other options are used for different purposes in statistics:
- Mean: This refers to the average of all the values in a data set. It’s calculated by adding all the values and dividing by the total number of values.
- Mode: This refers to the most frequent value in a data set. It represents the value that appears most often.
Range, on the other hand, specifically focuses on the spread of the data by calculating the difference between the highest and lowest values. It’s a simple measure of variability in a data set.
Here are some additional points to consider:
- The range can be easily affected by outliers (extreme values) in the data set.
- Other statistical measures of variability, such as variance and standard deviation, can provide more nuanced information about how data points are spread around the mean.
However, the range remains a basic and easy-to-understand measure for understanding the spread of data between its minimum and maximum values.