4 Tutorials that teach Range Rule of Thumb
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Range Rule of Thumb

Range Rule of Thumb

Author: Ryan Backman

This lesson will explain the range rule of thumb.

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Terms to Know
  • Range "Rule of Thumb"

    In a set of data, the standard deviation is approximately one-fourth the difference between the largest and smallest number in the data set. This rule of thumb is more accurate for larger samples with distributions that are approximately symmetric.