Let us arrange it in order from the lowest to the highest. What is the age range of the participants? Solution: From the data given in the table, let's arrange it in order from lowest to highest.Įxample 3: Galaxy art gallery conducted a painting competition, where around 10 people participated. By using the range formula, find the range difference among these stock prices that will help Mona in investing. Therefore, the range of her test scores is 30.Įxample 2: Mona is looking at investing in some stocks, listed below is a list of four companies along with their stock price. Using the range formula, let us put the values, Calculate the range of her test scores by using the range formula.įirst, let us arrange the given set in order from the lowest to the highest value. The range formula can also be used if the numbers in the data set are either positive or negative.īook a Free Trial Class Examples Using Range FormulaĮxample 1: Emma took 5 tests in chemistry in one semester. These steps can be followed for any type of number such as whole numbers or fractions. Step 2: By using the range formula, subtract the lowest value from the highest value picked from the data set.Step 1: Place all the numbers from the lowest to the highest value in the data set.In order to calculate the range using the range formula, there are two mean steps to be followed: R = Highest Value (H) - Lowest Value (L) Range Formula R = H - L Hence, the formula to calculate the range is: In distribution, the large range means higher variability whereas the small range means low variability. The range formula includes the other aspects of statistics such as mean, median, and mode. The formula helps in determining the center of the set by finding the difference between the lowest and the highest number. The range formula is mostly used in statistics to determine the range given in a particular data set. Let's learn more about the range formula and solve a few examples. The range formula is mostly used in statistics where the range is the spread of the numbers or data from the lowest to the highest value and it is commonly used in variability. The range formula determines the difference between the highest and the lowest values in a given set of numbers.
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