Range of a set of values is 60 and maximum value in the series is 80. The minimum value of the series is _______.
Range is defined as the difference between the highest(or largest ) and lowest(or smallest) observed value in a series. It is the most simple and commonly understandable measures of dispersion.
Range = 60
In the given series, H= 80 and L= x
Range => 80-x = 60
=> x = 80-60 = 20