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Finite Math Examples
, , , , , ,
Step 1
The mid-range or mid-extreme of a set of statistical data values is the average of the maximum and minimum values.
Step 2
Substitute the values of maximum and minimum into the equation.
Step 3
Step 3.1
Factor out of .
Step 3.2
Factor out of .
Step 3.3
Factor out of .
Step 3.4
Cancel the common factors.
Step 3.4.1
Factor out of .
Step 3.4.2
Cancel the common factor.
Step 3.4.3
Rewrite the expression.
Step 3.4.4
Divide by .
Step 4
Add and .
Step 5
Convert to decimal.