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Is it possible to assign a dollar amount to the wealth index factor score? [message #19683] Sun, 02 August 2020 01:09 Go to previous message
umiedotre9 is currently offline  umiedotre9
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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?


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