The Age Distribution of Members of a Gymnastics Association Is

question 247

Multiple Choice

The age distribution of members of a gymnastics association is shown in the table. A member of theassociation is selected at random. Find the probability that the person selected is between 26 and 35 inclusive.Round your answer to three decimal places. $$\begin{array} { l c } \text { Age (years) } & \text { Frequency } \\\hline \text { Under 21 } & 402 \\21 - 25 & 417 \\26 - 30 & 201 \\31 - 35 & 50 \\\text { Over } 35 & 24\end{array}$$ 1094

• A) 0.229
• B) 0.184
• C) 251
• D) 0.046

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Definitions:

Gini Ratios

Measures of income inequality within a population, ranging from 0 (perfect equality) to 1 (perfect inequality).

Income Inequality

The uneven distribution of income within a population, where earnings are not equally distributed among individuals or groups.

Progressive Income Tax

A tax system where the tax rate increases as the taxable income of the taxpayer increases, aiming at a more equitable distribution of wealth.

After-Tax Lorenz Curve

A graphical representation that shows the distribution of income or wealth within an economy after accounting for taxes.