Maximum Income Inequality Can Be Expressed with A

question 88

Multiple Choice

Maximum income inequality can be expressed with a:

• A) Gini coefficient of 0.
• B) Lorenz coefficient of 0.
• C) Gini coefficient of 1.
• D) Lorenz coefficient of 1.

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Definitions:

Reliability

The consistency of a test.

Validity

How well a test measures what it says it does.

Predictive Validity

The extent to which a score on a scale or test predicts future performance on a related outcome.

Concurrent Validity

A measure of how well a particular test correlates with a previously validated measure taken at the same time.