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Q. 2. The following are the prices of shares
of TCS Ltd. from Monday to Wednesday:
|
Days
|
Price
(Rs.) |
| Monday
|
200 |
| Tuesday
|
210 |
| Wednesday
|
208 |
Calculate range and its coefficient.
Solution. Range = L - S
Here, L = 210 and S = 200
Therefore, Range = 210 - 200 = Rs.10
Coefficient of Range = (210 - 200)/(210 + 200) = 10/410
= 0.02.
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