Understanding the Concept of Data Range- A Comprehensive Guide

What is a data range? In the realm of data analysis and statistics, the term “data range” refers to the difference between the highest and lowest values in a dataset. It is a fundamental concept that helps to understand the spread or variability of data. By calculating the data range, one can gain insights into the potential variability of a dataset and identify any outliers or extreme values. In this article, we will delve into the definition, importance, and applications of data range in various fields.