What is the term for the arrangement of data in order of magnitude?

The term that refers to the arrangement of data in order of magnitude is "Array." In statistical and data analysis contexts, an array organizes numbers in a way that facilitates easy interpretation and analysis, especially when dealing with numerical data. It involves systematically placing numbers from smallest to largest (or vice versa), which is crucial for various analytical techniques, such as determining medians, quartiles, and understanding the distribution of data.

This arrangement allows for a clearer view of the data's overall trends and patterns. It can help in quickly identifying central tendencies and variability within the dataset, contributing to more effective decisions based on the analyzed information. Understanding this concept is essential in mass appraising, as it helps assess property values in relation to market trends.