What does "per capita" signify?

"Per capita" is a Latin term that translates to "by the head." It signifies a measure that allocates or averages a particular quantity or value to each individual within a population. This term is commonly used in statistics and economics to provide a clear understanding of how resources, income, or other data points are distributed among all members of a group.

In many contexts, such as economic reports or demographic studies, "per capita" allows for a standardized comparison that accounts for varying population sizes, ensuring that data can be interpreted on an individual basis. This makes it easier to assess the average outcomes and develop policies or insights that are equitable and representative of the population as a whole.

The other options provided do not accurately capture the meaning of "per capita." Being based on overall statistics may refer to aggregated data but does not specify the division among individuals. Differentiation by category refers to distinct groups or classifications rather than equal distribution among individuals. Lastly, considering data according to income level is a specific application of statistical analysis that does not encompass the broader definition of "per capita."