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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.
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.
14 lis 2024 · Given order statistics Y_1=min_(j)X_j, Y_2, ..., Y_(N-1), Y_N=max_(j)X_j with sample size N, the midrange of the random sample is defined by MR=1/2(Y_1+Y_N) (Hogg and Craig 1995, p. 152).
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.
Midrange Definition and Formula. The midrange is the mean of the lowest and highest numbers to appear in a range of values. To determine the midrange value in a given data set, simply add the smallest and greatest values together and divide the result by two.
The midrange is a measure of central tendency in mathematics. It is calculated by finding the average of the largest and smallest data points in a given set of data. This measure provides a simple and quick way to determine the middle vaue of a data set.
