which is the composite Development indicator
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The HDI is a composite indicator of human development based on the arithmetic mean. It is measures the average achievements in a country or geographical area in three basic dimensions: (i) wellbeing, (ii) knowledge, (iii) standard of living.
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which is the composite Development indicator?
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A composite indicator is created when individual indicators are combined into a single measure. A composite indicator is formed when individual indicators are compiled into a single index, on the basis of an underlying model of the multi-dimensional concept that is being measured.
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