How to Calculate Percent Relative Range

How to Calculate Percent Relative Range
••• scyther5/iStock/GettyImages

A range is an interval that defines the minimum and maximum values for any set of numbers or for the variation of a particular variable -- a stock price on the market, for example. The percent relative range refers to the percentage ratio of the range to the average value in the set.

    Sum up the maximum and minimum values in the range. For example, if the stock price changes in the range from $34.67 to $41.12 then $34.68 + $41.12 = $75.80.

    Divide the sum by two to calculate the average value. In the example, the average price is $75.80 /2 = $37.90.

    Subtract the minimum value from maximum one to calculate the range. In this example, the range is $41.12 - $34.68 = $6.44.

    Divide the range by the average value, and then multiply the result by 100 to calculate the relative percent range. In this example, the relative percent range is ($6.44 / $37.90) x 100 = 16.99 percent.

Related Articles

How to Calculate an Aggregate
How to Calculate Range Spread
How to Find the Range of Numbers
How to Calculate a Sigma Value
How to Find a Z Score
Characteristics of Aquatic Plants
How to Calculate a Moving Range
How to Calculate a Temperature Range
How to Calculate Statistical Mean
How to Calculate a P-Value
How do I Calculate 0.1%?
How to Calculate CV Values
How to Calculate Dispersion
How to Convert Nanograms to Milligrams
How to Calculate the Confidence Interval of the Mean
How to Convert Pounds Per Square Foot to PSI
How to Calculate the Diameter of a Circle From a Linear...
How to Calculate Relative Frequency Distribution
How to Convert Kilojoules to Kilocalories
How to Convert Seconds Into Miles Per Hour

Dont Go!

We Have More Great Sciencing Articles!