coefficient of variation
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median
The advantage of range in a set of data is that it provides a simple measure of the spread or dispersion of the values. It is easy to calculate by subtracting the minimum value from the maximum value. However, the disadvantage of range is that it is heavily influenced by outliers, as it only considers the two extreme values and may not accurately represent the variability of the entire dataset. For a more robust measure of dispersion, other statistical measures such as standard deviation or interquartile range may be more appropriate.
no
Absolute value is a measure of distance.
If you are referring to "range" in statistics, a range is a measure of dispersion that uses the difference in the highest value in a set of data and the lowest value in the same set of data. For example, if you have five grades on a test (89, 100, 85, 70, and 92), the range would be 100-70 = 30. Hope this helps!