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To understand the methods of statistical inference, we need to know some probability.
Quantitative variables are either discrete (only take values from some discrete set of possible values) or continuous (take values from a continuous range of possible values, although the recorded measurements are rounded).
The mean is calculated by summing the values and dividing by the number of values. It is the balancing point of he distribution of numbers.
The median is the middle number after they have been sorted. If there are an odd number of values, the median is the number at the unique middle position. If there are an even number of values, the median is average of the values at the two middle positions.
The median and the mean will be about the same for nearly symmetric distributions.
If a distribution is skewed to the right (the right half is more spread out than the left half), the mean will be larger than the median.
If a distribution is skewed to the left (the left half is more spread out than the right half), the mean will be smaller than the median.
The mean is more affected by extreme values. It may not be "typical" when there are extreme values present.
The median is a more "robust" measure of spread and is not affected by extreme values. The median may often be "typical" even when there are extreme values present.
Histograms with too few intervals over-summarize the shape of the distribution of numbers.
Histograms with too many intervals look like broken combs and emphasize too many minor features of a distribution.
A good histogram often has between 5 and 20 intervals, more when there are more values.
The median of a distribution may be estimated by finding a vertical line that divides the shaded area into two regions of equal area.
The mean of a distribution may be estimated by finding the place where the shaded part would balance if it were made from a uniform solid material.
Histograms do a good job at displaying the shape, center, and spread of a distribution.
Bret Larget, email@example.com