Figure 2 -Refer to Figure 2. the Gini Coefficient Is Calculated by Is

question 51

Multiple Choice

Figure 2
-Refer to figure 2. The Gini coefficient is calculated by

• A) Taking area B from area A
• B) Dividing area B by area A
• C) Dividing area A + B by area A
• D) Dividing A by B

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Definitions:

Homeowners

Individuals or entities who possess ownership rights to a residential property.

Insurance Company

A financial institution that provides a range of insurance products to protect individuals and businesses against risk in exchange for premium payments.

Claims

Assertions or demands for something due or believed to be due, often used in the context of insurance or legal cases.

Frequency Histogram

A graphical representation of data showing the number of observations within each given interval, often used to depict the distribution of dataset.