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. 51, 16, 7, 8, 54, 25, 7, 36, 51. find the range of the data set.

Explanation:

Step1: Identify maximum value

The given data set is \(51, 16, 7, 8, 54, 25, 7, 36, 51\). The maximum value is \(54\).

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 as \(Range=Max - Min\). So, \(Range = 54−7\).
\(Range = 47\)

Answer:

47