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Use the figure below to answer the following questions.
Figure 19.1.2
-Consider the Lorenz curves in Figure 19.1.2. Which point indicates that the poorest 20 percent of families earn 9 percent of the income?
P-Value
The probability of obtaining test results at least as extreme as the ones observed during the test, assuming the null hypothesis is true.
Capital Punishment
A legal penalty in some jurisdictions where the state executes a person as a punishment for a crime.
Uniformly Distributed
A distribution where all outcomes are equally likely to occur, each observation within a certain range has the same probability.
Null Hypothesis
The assumption in statistical testing that there is no significant difference or effect and that any observed difference is due to chance.
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