what are the limitations of average
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Averages have many limitations. (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. While averages are useful for comparison, they also hide disparities.
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An average does not tell about how an subject such as income is distributed amongst the people or any other thing.
Take an example
There are 5 people whose salaries are 2000,1000,3000,4000 and 50000
Average income will be 30000
But 4 people have just only salaries less than 5000.
So this is the limitation.
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