Statistics Examples

$1$ , $2$ , $3$ , $4$ , $5$ , $6$ , $7$ , $8$

Step 1

The mid-range or mid-extreme of a set of statistical data values is the average of the maximum and minimum values.

$Mid-Range = \frac{Maximum + Minimum}{2}$

Step 2

Substitute the values of maximum $8$ and minimum $1$ into the equation.

$Mid-Range = \frac{8 + 1}{2}$

Step 3

Add $8$ and $1$ .

$Mid-Range = \frac{9}{2}$

Step 4

Convert $\frac{9}{2}$ to decimal.

$Mid-Range = 4.5$

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