In an editorial the Poughkeepsie Journal printed this statem
In an editorial, the Poughkeepsie Journal printed this statement: \"The median
priceminusthe
price exactly in between the highest and
lowestminus...\"
Does this statement correctly describe the median? Why or why not?
Choose the correct answer below.
A.
No. It describes the mean, not the median.
B.
Yes. It correctly describes the median.
C.
No. It describes the mode, not the median.
D.
No. It describes the midrange, not the median.
Solution
D. No. It describes the midrange, not the median. [ANSWER]
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The midrange is the average of the maximum and minimum values.
The median is the middle value when you list the data out from lowest to highest, but it is not necessarily halfway between the maximum and minimum values.
