Economy, asked by bimalpahari4482, 10 months ago

Why do we use averages?Are there any limitations to their use?Illustrate with your own examples related to development.

Answers

Answered by mansi5456
4

Answer:it help to calculate easily and faster. 1. help in comparing with another countries. 2. to give a quick look on cost data.

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Answered by tardymanchester
14

Explanation:

We use averages as it is useful for comparing differing quantities of the same category. For example, in order to compute the per capita income of a country, averages are used because there are differences in the incomes of the people. Averages are useful for comparison however, there is a limitation to the use of averages that they hide disparities. For example, the infant mortality rate or IMR of a country does not represent the data of the male and female infants born in that country. This kind of average hides the gender of children dying before the age of one.

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