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Solve the problem.
-The Lorenz curve for the income distribution in a small country is given by the function Find the Gini index of income concentration. Round the answer to three decimal places.
Premature Closure
The process of making a decision or arriving at a conclusion before all the necessary and relevant information has been considered.
Unscientific Thinking
Reasoning or beliefs not based on or contradicting established scientific methods and principles.
Subjective Observation
The collection of data based on personal judgments, feelings, or opinions, rather than objective measurement.
Objectivity
Is assessed by the degree of consistency between the observations of independent observers.
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