Math

QuestionFind the range of the ATM transactions: 51, 16, 7, 8, 54, 25, 7, 36, 51.

Studdy Solution

STEP 1

Assumptions1. The data set represents the number of transactions made per day at the ATM during the past9 days. . The data set is51,16,7,8,54,25,7,36,51

STEP 2

The range of a data set is the difference between the highest and lowest values in the set. So, first, we need to find the highest and lowest values in the data set.

STEP 3

Let's find the highest value in the data set.
Max=max(51,16,7,8,54,25,7,36,51)Max = max(51,16,7,8,54,25,7,36,51)

STEP 4

Calculate the maximum value.
Max=54Max =54

STEP 5

Now, let's find the lowest value in the data set.
Min=min(51,16,7,8,54,25,7,36,51)Min = min(51,16,7,8,54,25,7,36,51)

STEP 6

Calculate the minimum value.
Min=Min =

STEP 7

Now that we have the highest and lowest values, we can find the range by subtracting the lowest value from the highest value.
Range=MaxMinRange = Max - Min

STEP 8

Plug in the values for the maximum and minimum to calculate the range.
Range=547Range =54 -7

STEP 9

Calculate the range.
Range=547=47Range =54 -7 =47The range of the data set is47.

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