Email this article The Distribution of the Maximum, Minimum and Range of a Sample
- Authors: Piliposyan T.V.1
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Affiliations:
- Yerevan State University
- Issue: Vol 53, No 3 (2018)
- Pages: 180-186
- Section: Probability Theory and Mathematical Statistics
- URL: https://journal-vniispk.ru/1068-3623/article/view/228186
- DOI: https://doi.org/10.3103/S1068362318030093
- ID: 228186
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Abstract
The range of a sample is the difference between the maximum and minimum values. The range is the size of the smallest interval which contains all the data and provides an indication of statistical dispersion. In futures market commonly it is given daily high, low, open and close prices data. In this paper we take high and low prices and find what distribution will fit them better.
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About the authors
T. V. Piliposyan
Yerevan State University
Author for correspondence.
Email: tigran.piliposyan@gmail.com
Armenia, Yerevan
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