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Monthly wages of workers of a factory are stated below. Find out the range and the coefficient of range.

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Monthly wages of workers of a factory are stated below. Find out the range and the coefficient of range.
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Range (R )=H-L
Here, H=500, L=50
Thus, R=500-50=450
Coefficient of Range (CR )`=(H-L)/(H+L)`
`=(500-50)/(500+50)=(450)/(550)=0.82`
Range=450
Coefficient of Range=0.82
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