Question 1066008: In an editorial, the Poughkeepsie Journal printed this statement: "The median price minus the price exactly in between the highest and lowest minus..."
Does this statement correctly describe the median? Why or why not?
Choose the correct answer below.
A.) No. It describes the midrange, not the median.
B.) No. It describes the mean, not the median.
C.) Yes. It correctly describes the median.
D.) No. It describes the mode, not the median.
Answer by Boreal(15235)   (Show Source):
You can put this solution on YOUR website! A. This is the midrange. The median is the middle of all the ordered values, and each value counts as one, regardless of how big or small it is.
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