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Local Variables

question 14

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Local variables:


Definitions:

Gini Ratio

A measure of income inequality within a population, ranging from 0 (perfect equality) to 1 (perfect inequality), indicating how wealth or income is distributed.

Gini Ratio

A measure of income inequality within a population, ranging from 0 for perfect equality to 1 for maximum inequality.

Lorenz Curve

A visual depiction showing how income or wealth is spread out across a society, highlighting the levels of inequality.

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