• Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint

Calculating the Range

The simplest measure of variability is the range (also sometimes called the spread), which is defined as the difference between a data set's maximum and minimum values. Excel doesn't have a function that calculates the range directly. Instead, you first apply the MAX() and MIN() functions to the data set. Then, when you have these extreme values, you calculate the range by subtracting the minimum from the maximum.

For example, here's a formula that calculates the range for the defects database:


PREVIEW

                                                                          

Not a subscriber?

Start A Free Trial


  
  • Creative Edge
  • Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint