Quick Answer: What Is The Minimum And Maximum In Statistics?

How do you find the minimum and maximum?

Using the dataset of child weights above, we can find the min and max.

The min is simply the lowest observation, while the max is the highest observation.

Obviously, it is easiest to determine the min and max if the data are ordered from lowest to highest.

So for our data, the min is 13 and the max is 110..

What is the maximum or minimum of a function?

In mathematical analysis, the maxima and minima (the respective plurals of maximum and minimum) of a function, known collectively as extrema (the plural of extremum), are the largest and smallest value of the function, either within a given range (the local or relative extrema), or on the entire domain (the global or …

What is a minimum in math?

Minimum, in mathematics, point at which the value of a function is less than or equal to the value at any nearby point (local minimum) or at any point (absolute minimum); see extremum.

What are local minimum values?

The local maxima of the function The local minima of the function. A point x x x is a local maximum or minimum of a function if it is the absolute maximum or minimum value of a function in the interval ( x − c , x + c ) (x – c, \, x + c) (x−c,x+c) for some sufficiently small value c c c.

What is a local minimum and maximum on a graph?

Maximum and Minimum. The graph of a function y = f(x) has a local maximum at the point where the graph changes from increasing to decreasing. … The graph has a local minimum at the point where the graph changes from decreasing to increasing. Again, at this point the tangent has zero slope.

What is between minimum and maximum?

In statistics, if we have a set of observations expressed in numbers (for example, lengths of trees in meters, weights of animals in kilograms and so on), then the difference between maximum and minimum is called range. Range is useful if data is distributed more or less uniformly (between the minimum and the maximum).

How do you find the maximum and minimum inventory level?

The minimum inventory level is equal to the maximum lead time in weeks multiplied by the maximum usage of inventory per week. From previous data, establish the maximum time it takes for the supplier to deliver an order after the company has placed it.

How do you find the maximum and minimum in Excel?

If the cells are in a contiguous row or columnSelect a cell below or to the right of the numbers for which you want to find the smallest number.On the Home tab, in the Editing group, click the arrow next to AutoSum. , click Min (calculates the smallest) or Max (calculates the largest), and then press ENTER.

What is the maximum value?

The maximum value of a function is the place where a function reaches its highest point, or vertex, on a graph. If your quadratic equation has a negative a term, it will also have a maximum value. … If you have the graph, or can draw the graph, the maximum is just the y value at the vertex of the graph.

What maximum means?

1a : the greatest quantity or value attainable or attained. b : the period of highest, greatest, or utmost development. 2 : an upper limit allowed (as by a legal authority) or allowable (as by the circumstances of a particular case)

Can there be two absolute minimums?

As this example has shown there can only be a single absolute maximum or absolute minimum value, but they can occur at more than one place in the domain.