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Midrange = (largest value + smallest value) / 2. This value is simply the average of the largest and smallest values in the dataset and it gives us an idea of where the center of a dataset is located. This tutorial explains how to calculate the midrange of a dataset in Excel.
How to Calculate Midrange with a Formula or in Excel. The midrange is the average of the range of a set of numbers, or the sum of the highest and lowest numbers divided by two. This quick equation can help you estimate the middle point of a set of numbers, similar to the mean or median.
Step-by-Step Tutorial on Finding Midrange in Excel. In this tutorial, you will learn how to use Excel to find the midrange of a dataset. We’ll be using basic functions like MAX, MIN, and AVERAGE, and then combining them to get the midrange.
This tutorial demonstrates how to find the midrange of a dataset in Excel and Google Sheets. What is Midrange? The Midrange of a data set presents a center value of all values in a given dataset.
You’ll learn how to calculate the minimum and maximum values of a dataset and use those values to find the midrange. Follow these steps to calculate the midrange in Excel: First, create a new table with labels for MIN, MAX, and MIDRANGE. Use the MIN function to find the minimum value in a given range. Hit the Enter key to evaluate the MIN ...
The formula to calculate the midrange of a dataset is as follows: Midrange = (Maximum Value + Minimum Value) / 2. This means you add up the highest and lowest values in your dataset and then divide the sum by 2 to get the midrange value.
To calculate midrange in Excel, you’ll need to input = (MAX (range) + MIN (range)) / 2 into a cell, where ‘range’ is replaced with your actual data range. This will give you the average of the smallest and largest numbers, effectively the midrange.