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A Gini Coefficient Is a Number Between 0 and 1

question 56

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A Gini coefficient is a number between 0 and 1.


Definitions:

Rose-Colored Glasses

An idiom describing an overly optimistic and unrealistic perspective on situations, where negative aspects are overlooked or dismissed.

Self-Serving Bias

A common cognitive bias where individuals attribute success to their own efforts and abilities but blame failures on external factors.

Fear of Failure

The overwhelming concern or anxiety about failing to achieve success or meet standards, which can inhibit performance and achievement.

Need for Achievement

A motivational drive that influences individuals to achieve excellence and set challenging goals.

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