In statistical terms, what is the value that divides the highest and lowest values in a set?

The value that divides the highest and lowest values in a data set is known as the range. The range is calculated by taking the difference between the maximum and minimum values in the set. It provides a measure of how spread out the values are, indicating the extent of variability within the data. By looking at the range, one can quickly assess the overall distribution of the dataset, making it a fundamental concept in statistics.

The other options provided refer to different statistical measures:

• Maximum refers to the highest value in a data set, but it does not provide insight into how that value relates to the lowest value.

• Mean is the average of all the values in a data set, giving a measure of central tendency rather than the spread of values.

• Quartile divides the data into four equal parts, helping to identify the spread and rank of the data, but it does not simply capture the highest and lowest extremes as the range does.

By understanding these distinctions, it's clear why range is the correct answer in this context.