Economy, asked by Shruti7722, 1 year ago

Why do we use averages to compare the development of different country is it have any limitations?

Answers

Answered by Anonymous
0

Average is used to compare to see how developed a country is in comparison to other.

Limitations ➡

↔It equates the standard of living of rich and poor.

↔It does not tell what an average person is likely to get.

Answered by Anonymous
0
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.
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