Why do we have averages? Are there any limitations to their use?Illustrator with your own related to development?
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Illustrate with your own examples related to development. Answer : The use of average is to compare income because it makes comparison between countries of different sizes easily. It removes that toughness or any kind of difficulty which is faced during calculation of per capita income.
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We have averages so that we know who is stronger country according to economy within a small number of money which is average of the national income .
The limitations are :
- it does not tell us how is the income distributed in the country
- it tells only the average
- it hides disparities
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