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Question
ush financial is examining the use of its midtown atm machine. here are the numbers of transactions made per day at this atm during the past 9 days. 13, 40, 35, 45, 36, 8, 45, 13, 7. find the range of the data set.
Step1: Identify maximum value
The given data set is \(13, 40, 35, 45, 36, 8, 45, 13, 7\). The maximum value is \(45\).
Step2: Identify minimum value
The minimum value in the data - set is \(7\).
Step3: Calculate the range
The range of a data set is calculated by subtracting the minimum value from the maximum value. So, \(Range=45 - 7\).
\(Range = 38\)
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