Finite Math Examples

$534$ , $524$ , $539$ , $530$ , $537$ , $522$

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 $539$ and minimum $522$ into the equation.

$Mid-Range = \frac{539 + 522}{2}$

Step 3

Add $539$ and $522$ .

$Mid-Range = \frac{1061}{2}$

Step 4

Convert $\frac{1061}{2}$ to decimal.

$Mid-Range = 530.5$