Examlex
Find the midrange for the given sample data.
-Listed below are the amounts of time (in months) that the employees of an electronics company have been working at the company. Find the midrange.
Mode
The value that appears most frequently in a given set of data.
Median
The middle value in a data set, which separates the higher half from the lower half.
Statistically Significant
A term indicating that the results of an analysis show a likely true effect rather than one due to random chance, based on a predetermined threshold of probability.
Statistical Average
A central or typical value calculated from a set of data, commonly referring to the mean, but can also refer to the median or mode.
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