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Range: for discrete & continuous Series

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  • The range is the simplest measure of dispersion and is calculated as the difference between the maximum and minimum values in a dataset.

  • It gives a quick sense of the spread of values but can be heavily influenced by outliers.

Formula: Range = Maximum value − Minimum value

1. Range in a Discrete Series

  • Discrete data consist of distinct, separate values, often counted data.

Example:

  • Imagine we're looking at the number of prescriptions filled by a pharmacy each day over a week. The data might look like this:

Calculating Range:

  1. Identify the maximum value: In this case, 60 on Saturday.

  2. Identify the minimum value: 40 on Wednesday.

  3. Subtract the minimum value from the maximum value to find the range: 60−40=20.

So, the range of prescriptions filled in a day is 20, indicating the difference between the busiest and slowest days.

2. Range in a Continuous Series

  • Continuous data are data points that can take any value within a range, and they are often grouped into intervals for analysis.

Example:

  • Consider a clinical trial where we're measuring the reduction in blood pressure (in mmHg) of patients using a new medication.

  • The data might be grouped as follows:

  • For continuous data, the range is calculated based on the intervals, but the exact minimum and maximum values within those intervals aren't always known.

  • However, you can approximate the range using the boundaries of the intervals.

Calculating Range:

  1. Identify the interval containing the maximum value: The 50-59 mmHg interval.

  2. Identify the interval containing the minimum value: The 10-19 mmHg interval.

  3. Since the exact values aren't known, use the interval boundaries to approximate the range. For a more precise estimate, you might use the midpoint of the intervals, but for the range, the boundaries give a quick estimate.

Assuming the minimum possible reduction is 10 mmHg, and the maximum possible reduction is 59 mmHg (the boundaries of our intervals), the approximate range is 59−10=4959−10=49 mmHg.

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