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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.
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.
1 gru 2023 · There really are two kinds of ranges. One is the exclusive range, which is the highest score minus the lowest score (or h − l) and the one we just defined. The second kind of range is the inclusive range, which is the highest score minus the lowest score plus 1 (or h − l + 1).
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.
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.