Question 6
Tools of Economic AnalysisThe difference between the highest and lowest in a set of data is the
- A.range
- B.median
- C.variance
- D.mode.
Show the answer and explanation
Answer: A (range)
Explanation
Range = highest value − lowest value.
The difference between the highest and lowest in a set of data is the
Answer: A (range)
Range = highest value − lowest value.