The Closer the Gini Coefficient Is to 1, the

question 28

Multiple Choice

The closer the Gini coefficient is to 1, the

• A)greater the degree of income inequality.
• B)less the degree of income inequality.
• C)greater the degree of discrimination.
• D)less the degree of discrimination.

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Definitions:

Independent Variables

Variables in an experiment or regression that are manipulated or categorized to determine their effect on dependent variables.

Dependent Variable

The outcome variable in a study, experiment, or statistical model, whose variation depends on factors represented by independent variables.

Multicollinearity

A statistical phenomenon in which multiple independent variables in a regression model are highly linearly related, affecting the model’s accuracy.

Multicollinearity

A statistical phenomenon in which several independent variables in a regression model are highly correlated, potentially distorting the results of regression analysis.