Find the Midrange for the Given Sample Data

question 152

Essay

Find the midrange for the given sample data.
-A comparison is made between summer electric bills of those who have central air and those who have window
units. $\begin{array}{lllllll} & \text { May June July } & \text { Aug } & \text { Sept } \\\text { Central } & \$ 32 & \$ 64 & \$ 80 & \$ 90 & \$ 65 \\\text { Window } & \$ 15 & \$ 84 & \$ 99 & \$ 120 & \$ 40\end{array}$

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Definitions:

Business Operations

The activities and tasks companies engage in on a daily basis to increase value for the business and its stakeholders, encompassing production, sales, and administration.

Fixed Assets

Assets of a long-term nature such as buildings, machinery, and equipment that are used in the operations of a business.

Share Exchange

A transaction where shareholders agree to trade their shares for shares of another company, often used in acquisition deals.

Shareholder Group

A collection of individuals or institutions that own shares in a corporation, giving them partial ownership and possibly the right to vote on corporate matters.