why do we use averages? are there any limitations to their use?illustrate with your own related to development
Answers
average is when something is in between something like for example in looks we can take that the person looks pretty or handsom , we can take that the person looks ok ok , we can also take that the person looks ugly so in all these the middle one is ok ok so instead of that we can say that the person looks average.
there limitations for average in few cases not in all as we compare with different things and not the same things again and again
We use averages because they are useful for comparing differing quantities of the same category.
For example, to compute the per capita income of a country, averages have to be used because there are differences in the incomes of diverse people. However, there are limitations to the use of averages. This does not show the distribution of thing between people. For an example, suppose in a country, the annual income of a rickshaw puller is Rs 8,000 while an MNC employee earns an annual package of Rs 12,00,000. The average income of this country, therefore, will be Rs 6,05,000. Here actual income or status remains unknown. One can clearly consider this as a rich country thereby ignoring the income disparity between two individuals. Averages are useful for comparison, they also hide disparities.