QUESTION IMAGE
Question
find the class midpoint of the fico score interval 550 - 599.
| fico score | frequency |
|---|---|
| 450 - 499 | 5 |
| 500 - 549 | 8 |
| 550 - 599 | 19 |
| 600 - 649 | 27 |
| 650 - 699 | 10 |
| 700 - 749 | 1 |
(1 point)
○ 550
○ 575
○ 570
○ 574.5
Step1: Recall mid - point formula
The formula for the mid - point of an interval $[a,b]$ is $\frac{a + b}{2}$.
Step2: Identify $a$ and $b$
For the interval $550 - 599$, $a = 550$ and $b=599$.
Step3: Calculate mid - point
Substitute $a = 550$ and $b = 599$ into the formula: $\frac{550+599}{2}=\frac{1149}{2}=574.5$.
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$574.5$