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Measures of Dispersion — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsMeasures of Dispersion1 Mark
Question
How is coefficient of range calculated?
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Answer

Coefficient of Range$=\frac{\text{L}-\text{S}}{\text{L + S}},$ where,
L = Largest value of the series S = Smallest value of the series

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