Question

what are 8 property of range statistic
​

Answer 1

Answer:

The Range is the difference between the lowest and highest values. Example: In {4, 6, 9, 3, 7} the lowest value is 3, and the highest is 9. So the range is 9 − 3 = 6. It is that simple!

Answer 2

The properties of range statistics are as follows:

• The first property in statistics is that the range is the spread of data from the lowest to the highest value in the distribution.
• Secondly, it is the most commonly used measure of variability.
• Moreover, along with measures of central tendency, the measures of variability give us descriptive statistics for summarizing the data set in statistics.
• However, the Range in statistics is the difference between the lowest and highest values such as in {4, 6, 9, 3, 7} the lowest value is 3, and the highest is 9 and the range is 9 − 3 = 6.
• Some of the important potential properties of statistics are completeness, consistency, sufficiency, unbiasedness, minimum mean square error, low variance, robustness, etc.

#SPJ3