1. What are Range and Midrange?

Range is the difference between the maximum and minimum values in a dataset, while midrange is the average of the maximum and minimum values. These are simple measures of statistical dispersion and central tendency.

2. How Does the Calculator Work?

The calculator uses these simple formulas:

Where:

• \( max \) — Maximum value in the dataset
• \( min \) — Minimum value in the dataset

Explanation: The range shows the spread between extremes, while midrange identifies the center point between extremes.

3. Importance of Range and Midrange

Details: Range provides a quick measure of variability, while midrange offers a simple estimate of central tendency. Both are easy to compute but sensitive to outliers.

4. Using the Calculator

Tips: Enter the maximum and minimum values from your dataset. The calculator will compute both range and midrange instantly.

5. Frequently Asked Questions (FAQ)

Q1: When should I use range and midrange?
A: These are most useful for quick estimates with small datasets or when you only know the extremes.

Q2: What are the limitations of range and midrange?
A: Both are highly sensitive to outliers and don't consider the distribution of other values in the dataset.

Q3: How does range compare to standard deviation?
A: Range only considers two values, while standard deviation considers all values and their distance from the mean.

Q4: Is midrange the same as median?
A: No, median is the middle value when all values are ordered, while midrange is the average of just the extremes.

Q5: Can I use this for any type of data?
A: These measures are most meaningful for continuous numerical data, not categorical data.