Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Explain whether the Midrange measures central tendency, dispersion, or position, and why. minimum item + maximum item Midrange - 2 Choose the correct answer below.

image text in transcribed
Explain whether the Midrange measures central tendency, dispersion, or position, and why. minimum item + maximum item Midrange - 2 Choose the correct answer below. A. The midrange measures position, because it describes the relative location of a particular item within the data set. B. The midrange measures dispersion, because it indicates how much the data set is spread out from a center point. OC. The midrange measures central tendency, because it is a central value representative of an entire set of numbers. nt Tati ia L

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Financial Management

Authors: Eugene F Brigham, Phillip R Daves

9th Edition

032431986X, 9780324319866

More Books

Students also viewed these Finance questions

Question

a sin(2x) x Let f(x)=2x+1 In(be)

Answered: 1 week ago

Question

Describe the disciplinary action process.

Answered: 1 week ago