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In statistics, the mid-range or mid-extreme is a measure of central tendency of a sample defined as the arithmetic mean of the maximum and minimum values of the data set: [1] The mid-range is closely related to the range, a measure of statistical dispersion defined as the difference between maximum and minimum values.
27 maj 2024 · Midrange is a simple statistical measure used to identify the central tendency of a dataset. It is calculated as the average of the maximum and minimum values in a dataset. The midrange provides a quick estimate of the center of the data distribution.
23 lut 2020 · Midrange is a simple statistical tool that identifies a measure of center. Midrange determines the number that is halfway between the minimum and maximum numbers of a data set. It requires the addition of the maximum and minimum values in the data set; the resultant is then divided by two.
Mid-range, also known as the mid-maximum range, is a measure of central tendency in statistics. It is calculated by taking the average of the highest and lowest values in a dataset. This measure is useful in identifying the “middle” of a dataset and can provide valuable insights into the overall distribution of the data.
Statistics Definitions > Midrange. What is the Midrange? The midrange is a type of average, or mean. For example, “midrange” electronic gadgets are in the middle-price bracket: not cheap, but not expensive, either. The formula to find the midrange = (high + low) / 2.
The range is the difference between the largest and smallest data points in a set of numerical data. The midrange is the average of the largest and smallest data points. Range is an easy to calculate measure of variability, while midrange is an easy to calculate measure of central tendency.
Review the concepts of mean, median, and mode in statistics on Khan Academy.
