In a Study Conducted by a Certain Country's Economic Development

question 288

Short Answer

In a study conducted by a certain country's Economic Development Board, it was found that the Lorentz curve for the distribution of income of stockbrokers was described by the function
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and that of high school teachers by the function
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Compute the coefficient of inequality for each Lorentz curve. Round your answers to the nearest hundredth.
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The coefficient of inequality for stockbrokers is __________.
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The coefficient of inequality for teachers is __________.
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Which profession has a more equitable income distribution?

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Definitions:

Aggression

Behavior intended to harm or intimidate others, which can be physical or verbal.

Extinction

In psychology, the gradual weakening and eventual disappearance of a conditioned response when the conditioned stimulus is no longer paired with the unconditioned stimulus.

Conditioned Stimulus

A stimulus that, after association with an unconditioned stimulus, comes to trigger a conditioned response.

Unconditioned Stimulus

A stimulus that naturally triggers a response without the need for prior learning.