Finite Math Examples

$4$ , $2$ , $4$ , $2$ , $2$ , $1$ , $2$ , $1$ , $4$ , $2$ , $2$ , $1$ , $3$ , $1$

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 $4$ and minimum $1$ into the equation.

$Mid-Range = \frac{4 + 1}{2}$

Step 3

Add $4$ and $1$ .

$Mid-Range = \frac{5}{2}$

Step 4

Convert $\frac{5}{2}$ to decimal.

$Mid-Range = 2.5$