A Gini Index of Zero Indicates That

question 42

Multiple Choice

A Gini index of zero indicates that:

• A)every household in the country earns very different amounts of money
• B)every adult in the country earns the same amount of money
• C)every household in the country earns the same amount of money
• D)a single household earns the entire national income
• E)we cannot know how the national income is earned in a country

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Definitions:

Independent

Refers to variables in a statistical model that are not influenced or controlled by any other variable within the model.

Standard Deviations

The statistical metric that quantifies the dispersion or spread in a dataset relative to its mean, used to understand how spread out data points are from the average value.

Ace of Spades

A playing card with a single spade symbol on it, often considered the highest card in many card games.

King of Spades

A playing card in a standard deck of 52 cards, often associated with certain games or symbolic meanings.