Finite Math Examples

$3$ , $5$ , $8$ , $5$ , $7$ , $8$

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 $3$ into the equation.

$Mid-Range = \frac{8 + 3}{2}$

Step 3

Add $8$ and $3$ .

$Mid-Range = \frac{11}{2}$

Step 4

Convert $\frac{11}{2}$ to decimal.

$Mid-Range = 5.5$