Usually it's not what's being summarised (in this case, money) it's how the stuff that's being summarised is distributed that matters. If the distribution is symmetric and the danger of there being large outliers is small then the mean could be a good choice. The range is useful for quite different purposes than the other three statistics.
money
they make about $125,000 a year at the most. it depends on what type median range. this range is CJC's.
what is a range for median annual earnings
The median.
Median = 58 Mode = 58 Range = 0
i don't know if you know it please help me
range - 59 median- 35
There is no direct relationship between the range and the median. So knowing that your median is 20 does not automatically give you the range. The median is just the middle value. That does not tell you what the first and last values are, which is what you need to know to find the range. The median of 19, 20 and 21 is 20, and the range is 2. The median of 4, 20 and 79 is also 20, but the range is 75. The median of 8, 16, 17, 23, 50 and 320 is also 20, but the range is 312. So, as you can see, the Median in no way can tell you what the range will be. You need to know what all of the numbers are, or at least the lowest and highest to know the range.
Median means average, and range is the range of numbers in a group. For example, the range is from 52 to 71. I don't know what a mode is.
median= 4&3 range=3 mode= no mode
Yes. They must have a range and median. They may or may not have a mode.
The range is 20, the median is 80, and the mode is 80.