The range is $0.39 which is the difference of the max value and min value.
A median is a middle number in a series of numbers that have been arranged to lift, and it might be more informative of the set of data than the average. When there are extremes in the sequences that might affect the average of the numbers, the median is sometimes employed instead of the mean.
We have data given:
Max: $2.42
Min: $2.03
Mean: $2.098
Median: $2.06
Mode: $2.04
Variance: 0.0121
As we know, the range = Max value—Min value
Here, Max = $2.42
Min = $2.03
Range = 2.42 - 2.03 = $0.39
Thus, the range is $0.39 which is the difference of the max value and min value.
Learn more about the median here:
brainly.com/question/21396105
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