1.5 Minimum and Maximum

The minimum and maximum values are also useful pieces of information for us to know and, like the median, are most easily determined by first listing the data in order from smallest to largest. Consider again the \(n=5\) income values we considered earlier, listed in order as \[1170, 1740, 6940, 25000, 66300.\]

The minimum and maximum values are then 1170 and 66300 respectively.

---

These notes have been prepared by Amanda J. Shaker. The copyright for the material in these notes resides with the author named above, with the Department of Mathematics and Statistics and with La Trobe University. Copyright in this work is vested in La Trobe University including all La Trobe University branding and naming. Unless otherwise stated, material within this work is licensed under a Creative Commons Attribution-Non Commercial-Non Derivatives License CC BY-NC-ND