Range | Vose Software

Range

See also: Statistical descriptions of model outputs, Variance, Inter-percentile range, Mean deviation (MD)

The range of an output is the difference between the maximum and minimum generated values. This is almost never a useful measure since it is completely dependent on just the two extreme values (which are, after all, randomly generated and could often take a wide range of legitimate values for any particular model).

Read on: Inter-percentile range

 

Navigation