The value which has half of the observations above it and half the observations below it is called the
A) midrange.
B) median.
C) mean.
D) mode.

Question

Quizplus · Accepted Answer

The value described is the median. The median is the middle value when the data is arranged in order from lowest to highest. It is not affected by extreme values and is therefore a better measure of central tendency than the mean in skewed distributions.

The Value Which Has Half of the Observations Above It