Provide an appropriate response.
-The cost of five homes in a certain area is given. $\begin{array} { l l l l l }
\$ 206,000 & \$ 214,000 & \$ 234,000 & \$ 204,000 & \$ 1,284,000
\end{array}$ Calculate the midrange.
A)$540,000
B)$214,000
C)$1,080,000
D)$428,400

Question

Provide an appropriate response.
-The cost of five homes in a certain area is given. $\begin{array} { l l l l l } 
\$ 206,000 & \$ 214,000 & \$ 234,000 & \$ 204,000 & \$ 1,284,000
\end{array}$ Calculate the midrange.
A)$540,000
B)$214,000
C)$1,080,000
D)$428,400

Quizplus · Accepted Answer

The midrange is calculated by adding the smallest and largest values and then dividing by 2. Here, the smallest value is $204,000 and the largest is $1,284,000. So, the midrange = $\frac{204,000 + 1,284,000}{2} = \frac{1,488,000}{2} = 744,000$. The correct answer is not listed.

Provide an Appropriate Response $206,000$214,000$234,000$204,000$1,284,000\begin{array} { l l l l l } \$ 206,000 & \$ 214,000 & \$ 234,000 & \$ 204,000 & \$ 1,284,000\end{array}$206,000​$214,000​$234,000​$204,000​$1,284,000​

Provide an Appropriate Response $\begin{array} { l l l l l } \$ 206,000 & \$ 214,000 & \$ 234,000 & \$ 204,000 & \$ 1,284,000\end{array}$