Descriptive statistics: A way to quickly summarize data within a set using just a few numbers. Mean: The average of a set calculated by adding all the values in the set and dividing by the number of values in the set. Outlier: A value or values significantly higher or lower than the rest of the set that can skew the mean of a set. Median: The middle value in a data set. Mode: The value that appears most often in the set. When a set has two modes it is called bimodal. When it has more than two modes, it is multimodal.