Vaihteluvälin
Vaihteluväli, in Finnish, translates to "range" in English. It is a fundamental statistical concept used to describe the spread or dispersion of a dataset. The range is calculated by subtracting the minimum value in a dataset from the maximum value. For example, if a dataset contains the numbers 3, 7, 10, 15, and 20, the minimum value is 3 and the maximum value is 20. The range would therefore be 20 - 3 = 17.
The range provides a simple measure of variability, indicating the total span covered by the data points.
Due to its sensitivity to extreme values, the range is often considered a less robust measure of