If there are n observations with 23 and 57 as their smallest and largest observations respectively then the value of mid-range is ____________.
Question
If there are n observations with 23 and 57 as their smallest and largest observations respectively then the value of mid-range is ____________.
Solution
1. Break Down the Problem
To find the mid-range, we need to calculate the average of the smallest and largest observations.
2. Relevant Concepts
The formula to calculate Mid-Range is given by:
3. Analysis and Detail
Given:
- Smallest Observation (S) = 23
- Largest Observation (L) = 57
Using the formula:
4. Verify and Summarize
Calculating the mid-range: The calculations confirm that the mid-range value is correct.
Final Answer
The mid-range is .
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