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Midrange Excel

Midrange Excel - Midrange is a simple statistical measure used to identify the central tendency of a dataset. The midrange is the mean of the lowest and highest numbers to appear in a range of values. It is a statistical tool that identifies a measure of center like. This quick equation can help you estimate the. Midrange determines the number that is halfway between the minimum and maximum numbers of a data set. Not cheap, but not expensive, either. The midrange is a type of average, or mean. It is calculated as the average of the maximum and minimum values in a dataset. The midrange of the data set is simply the value between the biggest value and the lowest value. In statistics, the midrange of a set of statistical data values is the arithmetic mean of the maximum and minimum values in a data set.

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