Is it possible to assign a dollar amount to the wealth index factor score? [message #19683] |
Sun, 02 August 2020 01:09 |
umiedotre9
Messages: 1 Registered: August 2020
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Many people have trouble understanding when we say, "the bottom wealth quintile" but can easily understand, "less than 2$ a day".
Is it possible to assign a dollar amount to the wealth index factor score? Or at least, is it possible to assign a range of possible incomes, daily expenditures, or net worth based on the wealth index factor score? Does anyone have any experience trying to map the quintiles to $ amounts, perhaps using other country data?
[Updated on: Fri, 12 February 2021 06:24] by Moderator Report message to a moderator
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