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If an even number of values are given, the median is typically "the arithmetic mean of the two middle observations" and "may not be one of the given values" (Lind et. al., 2002, p. 72). The mode is defined as "the value of observation that appears most frequently" (p. 74). Since all of the bids are different, there is either no mode or every value is the mode (p. 75).
Central Tendency
Central tendency is "a single value that summarizes a set of data?(and) locates the center of values" (p. 65). For any group of values, the mean, median, or mode could be used as the measure of central tendency...
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