Midrange is the average of the maximum and minimum values in a dataset. Formula: Midrange = (Max + Min) / 2. It is a simple measure of central tendency.
When should I use midrange?▼
Use midrange when you need a quick estimate of central tendency. It is sensitive to outliers but easy to calculate. Best for symmetric distributions without extreme values.
How is midrange different from median?▼
Median is the middle value when sorted (resistant to outliers). Midrange is (Max+Min)/2 (sensitive to outliers). Midrange only considers extreme values, median considers all values.
What are the limitations of midrange?▼
Midrange is highly sensitive to outliers and only uses two values (max and min). It ignores the distribution of data between them, making it less reliable than mean or median.
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