What Is the Approximate Gini Coefficient Associated with the Following

question 13

Multiple Choice

What is the approximate Gini coefficient associated with the following income distribution?

• A)0.08
• B)0.13
• C)0.23
• D)0.34
• E)0.48

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Definitions:

Records

Documents or files that preserve information or evidence of events, transactions, or processes.

Tables

Structures in databases or spreadsheets that organize data into rows and columns for easy reference and manipulation.

Objects

In programming, instances of classes that encapsulate both data and functions, allowing for structured and modular code development.

Data Warehouse

A large-scale collection of data that contains and organizes in one place all the data from an organization’s multiple databases.