Figure 15.6 -Refer to Figure 15.6 to Answer the Following Questions

question 87

Essay

Figure 15.6

-Refer to Figure 15.6 to answer the following questions.
a.Did the distribution of income become more equal in 2010 that it was in 2009, or did it become less equal? Explain.
b.If area A = 1,600, area B = 200, and area C = 3,200, calculate the Gini coefficient for 2009 and the Gini coefficient for 2010.

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Definitions:

Validity Rules

The criteria or guidelines used to determine whether an argument is logically consistent and its conclusions follow from its premises.

Validity Rules

The principles or criteria used to evaluate the soundness of an argument or reasoning process, ensuring that if the premises are true, the conclusion must also be true.

Categorical Proposition

A statement relating two classes or categories, asserting that all, some, or none of the members of one class are included in another.

Major Premise

In a syllogism, the first proposition which asserts a general principle.