Page 175 - BA2 Integrated Workbook - Student 2017
P. 175

Risk 1: summarising and analysing data





                           Measures of spread




               Having obtained an average value to represent a set of data, it is natural to question
               the extent to which the single value is representative of the whole set. To do this we
               have to consider how ‘spread out’ the individual values are around the average.

               5.1    Range

               The range is defined as the highest value minus the lowest value. For example, if
               measuring heights then the range is the difference in height between the tallest and
               shortest persons measured.

               However, this definition can be misleading. Where the data is arranged in classes:

               Range = Upper most interval limit – Lowest interval limit

               Where the data is not grouped, the range is best viewed as the number of values
               from the very bottom to the very top and is given by:

               Range = Highest value – Lowest value + 1


               These apparently different definitions amount in practice to the same thing.

               In our example:

               4      5       5      6      6      6      7       7      8      9      9      12

               The range is 12 – 4 + 1 = 9































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