Arcade › Glossary › Math & Statistics › Mean, Median and Mode Math & Statistics Mean, Median and Mode Three ways to name the 'typical' value: the mean (average), the median (middle) and the mode (most common). They can differ sharply when data is skewed — which is exactly when knowing the difference matters. Want more than a definition? Learn it in Math Masters → Related terms Expected Value Standard Deviation ← Previous Mean Reversion Next → Multicollinearity ← All Math & Statistics terms