Question

calculating measures of spread related to expenses. exaggerine recorded her weekly expenses for four weeks as follows: $129.84, $239.04, $294.53, and $132.63. what is the range of the data? $294.53, $424.37, $2.79, $164.69

Explanation:

Step1: Identify maximum and minimum

The data set is $\{129.84, 239.04, 294.53, 132.63\}$. The maximum value is $294.53$ and the minimum value is $129.84$.

Step2: Calculate the range

The formula for the range of a data - set is $Range = \text{Max}-\text{Min}$. So, $Range=294.53 - 129.84=164.69$.

Answer:

$164.69$