Choose the given statement is True/False

Averages do not hide disparities.

see full answer

Your Exam Success, Personally Taken Care Of

1:1 expert mentors customize learning to your strength and weaknesses – so you score higher in school , IIT JEE and NEET entrance exams.

An Intiative by Sri Chaitanya

True

False

answer is B.

(Unlock A.I Detailed Solution for FREE)

Best Courses for You

JEE

NEET

Foundation JEE

Foundation NEET

CBSE

Detailed Solution

The given statement is false.
Average has limitations, which hide disparities and doesn’t tell us the true picture of the economic distribution. It can not become the true indicator of comparing countries based on average income. Per capita income is calculated by dividing the total income of a country (GDP) by its total population. It is also called average income. It is only used to make a comparative analysis of the country's position. Since the total income while calculating the production can never be considered as an indicator to tell the true economic wealth of a country and its people.
The correct statement would be that averages do hide disparities.

Watch 3-min video & get full concept clarity