Question

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.Yes. It correctly describes the median. B.No. It describes the​ midrange, not the median. C.No. It describes the​ mean, not the median. D.No. It describes the​ mode, not the median.

Answer 1

B.No. It describes the​ midrange, not the median.

Explanation:

Further,

The range is the difference between the least and largest value of data. It measures skewness using all data points.

Mean is calculated as the ratio of the sum of all the observations to the total number of observations.

Median is the middle value of the data after arranging them in ascending order.