Examlex

Solved

The Pie-Chart Shown Below Gives the Responses Answered on Question

question 8

Short Answer

The pie-chart shown below gives the responses answered on Question 12 of a recent Finite Math final exam. The question was a multiple choice question with options (A, B, C, D, or E). Assuming that the graph was created correctly, what number of responses had option B as the choice? Note that the angle measures for each pie slice are given. The pie-chart shown below gives the responses answered on Question 12 of a recent Finite Math final exam. The question was a multiple choice question with options (A, B, C, D, or E). Assuming that the graph was created correctly, what number of responses had option B as the choice? Note that the angle measures for each pie slice are given.


Definitions:

Lorenz Curve

A graphical representation of the distribution of income or wealth within a society, showcasing the degree of inequality.

45-Degree Line

In economics, often used in Keynesian cross diagrams to show points where aggregate output (or income) equals aggregate expenditure, indicating equilibrium.

Gini Coefficient

A measure of the inequality of a distribution, often used to measure income inequality, ranging from 0 (perfect equality) to 1 (perfect inequality).

Lorenz Curve

A graphical representation of the distribution of income or wealth within a society, showing the proportion of total income earned by any given percentage of the population.

Related Questions