For the Calculation of a Lorenz Curve Using Quintiles, The

question 92

Multiple Choice

For the calculation of a Lorenz curve using quintiles, the:

• A) first quintile contains the richest 50 percent of population.
• B) first quintile contains the richest 20 percent of population.
• C) first quintile contains the poorest 50 percent of population.
• D) first quintile contains the poorest 20 percent of population.
• E) last quintile contains the poorest 10 percent of population.

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Definitions:

Collectivism

A societal orientation that emphasizes the group over individual interests and values interpersonal relationships.

Community Information

Data or knowledge about a specific group of people that shares a common interest or location.

Theory Of Mind

Describes the ability to attribute mental states—beliefs, intents, desires, emotions, knowledge—to oneself and to others, and understand that others have beliefs and perspectives different from one's own.

False Belief

An erroneous understanding or conviction about something that does not align with factual reality.