Spread Formula:
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Definition: Spread (or range) is the difference between the maximum and minimum values in a dataset.
Purpose: It measures the dispersion of data points, showing how much variation exists in the dataset.
The calculator uses the formula:
Where:
Explanation: The simple subtraction gives the total range covered by the data points.
Details: Understanding spread helps in analyzing data variability, quality control, and making informed decisions based on data ranges.
Tips: Enter the maximum and minimum values from your dataset. The units will match your input units.
Q1: What's the difference between spread and standard deviation?
A: Spread measures total range, while standard deviation measures average distance from the mean.
Q2: When is spread most useful?
A: When you need a quick measure of variability or when outliers are important to your analysis.
Q3: What are limitations of using spread?
A: It's sensitive to outliers and doesn't show how data is distributed within the range.
Q4: Can spread be negative?
A: No, because maximum value should always be greater than or equal to minimum value.
Q5: How does spread relate to other statistical measures?
A: It's the simplest measure of dispersion, often used with mean, median, and quartiles.