Answer in Statistics and Probability for Neha #281817

Question #281817

Calculate range and its coefficient from the following data:

Price of sold per 1 gm from Monday to Saturday

Monday Tuesday Wednesday Thursday Friday Saturday

902 910 914 908 922 920

Expert's answer

Range: $922-902=20.$

Coefficient of range: $\frac{922-902}{922+902}=\frac{20}{1824}\approx 0.0110.$

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