Meaning of the word "mid range" in English

What does "mid range" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

mid range

US /ˈmɪdˌreɪndʒ/
UK /ˈmɪdˌreɪndʒ/

Adjective

of an intermediate size, amount, or quality

Example:
This smartphone is a good mid-range option for most users.
The company offers a variety of products, from entry-level to high-end, including several mid-range models.