The list represents the number of students who checked books out of the library in a 10-day period.

48, 63, 75, 40, 32, 52, 35, 68, 83, 40

Find the median and interpret its meaning as it relates to the number of students checking out books.

The median is 32, and it represents the difference in the lowest and highest number of students who checked books out.
The median is 83, and it represents the highest number of students who checked books out.
The median is 40, and it represents the most common number of books that students checked out.
The median is 50, and it represents the typical number of students who checked books out.