COST ACCOUNTING
INFORMATION FOR DECISION MAKING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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a single number
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two numbers
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a series of numbers
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ratio
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Detailed explanation-1: -The range is the difference between the smallest and highest numbers in a list or set. To find the range, first put all the numbers in order. Then subtract (take away) the lowest number from the highest. The answer gives you the range of the list.
Detailed explanation-2: -The Range is the difference between the lowest and highest values. Example: In 4, 6, 9, 3, 7 the lowest value is 3, and the highest is 9. So the range is 9 − 3 = 6. It is that simple!
Detailed explanation-3: -The two numbers are called the endpoints of the interval.
Detailed explanation-4: -The range is the difference between the largest and smallest data points in a set of numerical data. The midrange is the average of the largest and smallest data points.