What is the difference between mean, median and mode?
The mean is the total divided by the count. The median is the middle value once the list is in order. The mode is the value that appears most often. They answer three different questions about the middle, and on a skewed list they give three different numbers.
How do I find the median of an even number of values?
Take the two middle values and average them. For 1, 2, 3, 4 the middle two are 2 and 3, so the median is 2.5 - a number that need not appear in the list at all. Sorting the list first is what makes "middle" mean anything.
Can a list have more than one mode?
Yes. If two or more values tie for the highest count, all of them are modes, and the list is called bimodal or multimodal. This page reports every tied value rather than picking one, because picking one would be wrong.
What if there is no mode?
If every value appears exactly once, the list has no mode. That is a legitimate answer - not zero, and not the first or largest value. Some textbooks say the mode "does not exist" for such a list, which means the same thing.
Which average should I use?
The median when the data has extreme values or a long tail - incomes, house prices, waiting times. The mean when the values are roughly symmetric and every one should count. The mode when the data is categories rather than sizes, or when you genuinely want the most common case.
How are quartiles worked out here?
By the method school teaches: sort the list, split it at the median (excluding the median itself when the count is odd), and take the median of each half. Other conventions exist and give slightly different answers on small samples, so a textbook answer may differ - this page states the method it uses.
What is the interquartile range for?
It is the range of the middle half of the data, Q3 − Q1, and it ignores the extremes on purpose. That makes it a much sturdier measure of spread than the plain range, which is decided entirely by the two most unusual values in the list.
Why is the mean shown as a fraction?
Because it is exact. The mean of 1, 2 and 4 is 7/3; writing 2.33 loses a third of a hundredth immediately and more if the number is used again. The decimal is shown too when it terminates, but the exact value is the answer.