what are the limitation on the use of average
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(a) They don’t give us the true picture regarding the distribution of income.
(b) Averages don’t give us any information regarding the non-materialistic goods and services.
For example let us consider two countries- A and B. For the sake of simplicity, we have assumed that they have only five citizens each. Based on the data given in the table, let us calculate the average income for both the countries.
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