No. One observation will normally get you onevalue, not a set of values. Also, to be precise, the observation is the act of observing; the value is the result of the observation, not the observation itself.
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If a data set consists of 1000 different values can the mean and the median be the same
They are the same thing. They give you an accurate representation of all the values in a data set
The Mean is the average of a given set of values. The Median is the value that has the same number of smaller values than the number of higher values, it is in the middle of them. In a symmetrical distribution the Mean is equal to the Median. In an asymmetrical distribution they have different value.
The sum of a set of addends whose sign is the same is the sum of the absolute values of the addends with the same sign as the addends.
The average of a set of values is the sum of the values divided by the number of values.