What is the range of the following sampling: {0.345, 0.382, 0.353, 0.380, 0.377}?

To determine the range of a set of values, you need to find the difference between the maximum and minimum values in that set.

In the given set of values: {0.345, 0.382, 0.353, 0.380, 0.377}, the maximum value is 0.382 and the minimum value is 0.345.

Next, calculate the range by subtracting the minimum value from the maximum value:

Range = Maximum - Minimum

Range = 0.382 - 0.345 = 0.037

This calculation shows that the range of the sampling is indeed 0.037, which corresponds with the correct answer. This value represents the extent of variation within the dataset and is a fundamental concept in statistics, providing insights into the distribution of the sampled values. Understanding how to calculate the range is crucial in job planning and layout practices, as it helps assess tolerances and variations in measurements.