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Why do we use averages? Are there any limitations to their use? Illustrate with your own examples related to development. in 30 words?
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Why do we use averages? Are there any limitations to their use? Illust...
Why do we use averages?

- Averages help us summarize and understand large sets of data by providing a single value that represents the typical or central value of a dataset.
- They allow us to compare different groups of data or track changes over time in a simple and straightforward manner.
Limitations of using averages

- Averages can be misleading if the data is skewed or if there are outliers that significantly impact the overall value.
- They may not accurately represent the entire dataset, especially if there is a wide range of values or if the distribution is not normal.
Illustration with examples related to development

- In the context of economic development, using the average income of a country to measure prosperity may not capture the disparities between different income groups. For example, in a country where a few wealthy individuals have significantly higher incomes than the majority of the population, the average income may not accurately reflect the standard of living for the majority of people.
- Similarly, in the field of education, using the average test scores of students in a school may not provide a complete picture of student performance. If there are a few high-achieving students whose scores skew the average, it may not accurately reflect the overall academic performance of the student body.
In conclusion, while averages can be a useful tool for summarizing data, it is important to be aware of their limitations and consider other measures in conjunction with averages to gain a more comprehensive understanding of the dataset.
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Why do we use averages? Are there any limitations to their use? Illustrate with your own examples related to development. in 30 words?
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