Examlex
Use the following information to do a horizontal analysis of Rae Company's income statement for the current year and prior year: What is the dollar change in gross profit?
Range
The range is calculated by subtracting the smallest value from the largest value in a set of data.
Interquartile Range
A measure of variability, calculated by subtracting the first quartile from the third quartile of a data set.
Mean
The average value of a set of numbers, calculated by dividing the sum of all the numbers by the count of numbers.
Range
Range is the difference between the highest and lowest values in a set of data, providing a measure of the spread or dispersion of the values.
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