Range - measure of dispersion , Operation Research

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RANGE

Range  is the difference  between  the highest  and the  lowest  value is  series. This is the simplest  absolute measure  of dispersion.

Symbolically  : R= L- S

Where  R=  Represent Range

L= Maximum ( largest ) value and

S=  Minimum (smallest ) value

Coefficient or Range

To compare the series  the relative  measure of dispersion  is defined as:

Coefficient of Range (C. R.) = Largest Value - Smallest Value/ Largest  Value + Smallest Value =  L- S/ L + S

 


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