AQR Quick Question 17.3: Mean, Median, and Midrange

The applet below accompanies AQR Quick Question 17.3. [br]Drag the [color=#c51414]RED[/color] point and examine how the mean, the median, and the midrange are related.[br]What are the mean, the median, and the midrange of this set of observations?[br]Do all three of these values accurately capture the “center” of the distribution?[br]Click on the NEW DATA SET button to explore a new data set.
AQR Quick Question 17.3: Mean, Median, and Midrange

Information: AQR Quick Question 17.3: Mean, Median, and Midrange