Question

What do you mean by average income.Explain.

Answer 1

average income, which is the total income of a country divided by its population. This is also known as Per capita income....


@Hope this helps you

Answer 2

mean: regular meaning of "average" median: middle value. mode: most often. (In the above, I've used the term "average" rather casually. The technical definition of what we commonly refer to as the "average" is technically called "the arithmeticmean": adding up the values and then dividing by the number of values