Example 2: Market Prices
Price of matooke in different markets (shillings):
15,000, 18,000, 12,000, 22,000, 14,000
Calculate the range:
Highest = 22,000 shillings
Lowest = 12,000 shillings
Range = 22,000 - 12,000 = 10,000 shillings
Interpretation: Prices vary a lot between markets!