How To Calculate Range Spread
Range spread is a basic statistical calculation that goes along with mean, median, mode and range. The range is the difference between the highest and lowest scores in a data set and is the simplest measure of spread. So, we calculate range as the maximum value minus the minimum value. The range spread then uses the range to find a percentage that the maximum is greater than the minimum, using the minimum as a base. Basically, this simply shows in percentage form how much higher the maximum is from the minimum.
Step 1
Find the maximum and minimum numbers in the data set. For example, a data set has 500,000 as the maximum and 350,000 as the minimum.
Step 2
Subtract the minimum from the maximum. This is the range. In the example, 500,000 minus 350,000 equals 150,000.
Step 3
Divide the range by the minimum to find the range spread. In the example, 150,000 divided by 350,000 equals 0.4285 or 42.85 percent.
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MLA
McBride, Carter. "How To Calculate Range Spread" sciencing.com, https://www.sciencing.com/calculate-range-spread-6951681/. 24 April 2017.
APA
McBride, Carter. (2017, April 24). How To Calculate Range Spread. sciencing.com. Retrieved from https://www.sciencing.com/calculate-range-spread-6951681/
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McBride, Carter. How To Calculate Range Spread last modified March 24, 2022. https://www.sciencing.com/calculate-range-spread-6951681/