The Difference Between the Highest and the Lowest Value in a Set

question 80

Short Answer

The difference between the highest and the lowest value in a set of data is called the_____________ .

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Definitions:

Rule of Five

A statistical rule stating that if a sample size is very small (n=5), the median can serve as an estimate of the population mean under certain conditions.

Observed Frequency

The observed frequency is the actual number of times an event occurs in a dataset or experiment.

Expected Frequency

Expected frequency is a term in statistics indicating the number of times an outcome is anticipated to occur within a set of observations, based on probability.

Sampling Distribution

The distribution of probabilities for a statistic that is based on a random sample.