MLchartDataset catalogue

Midrange

Term · Oil and gas · MLC-T-OAG-002363

A statistical measure representing the average of the maximum and minimum values in a dataset. It provides a quick estimate of the center of a distribution, though it is highly sensitive to extreme values. In reservoir characterization, it can offer a preliminary indication of the central tendency of a property range.

Table 1. Record
IdentifierMLC-T-OAG-002363
FieldOil and gas
SubjectReservoir Characterization
Record as JSON 
{
  "id": "MLC-T-OAG-002363",
  "term": "Midrange",
  "field": "Oil and gas",
  "definition": "A statistical measure representing the average of the maximum and minimum values in a dataset. It provides a quick estimate of the center of a distribution, though it is highly sensitive to extreme values. In reservoir characterization, it can offer a preliminary indication of the central tendency of a property range.",
  "subject": "Reservoir Characterization",
  "url": "https://mlchart.com/terminology/oil-and-gas/midrange/"
}

Record 2,536 of 4,499 in Oil and gas terminology (MLC-0103). Request the full dataset.