A Gini Coefficient of 0

question 32

True/False

A Gini coefficient of 0.25 represents less inequality in income distribution than a Gini coefficient of 0.4.

---

Definitions:

Deseasonalize

The process of removing seasonal effects from a time series to better identify trends.

Seasonal Indexes

Quantitative measures that represent how a seasonal pattern affects the data over a specific period, often used in time series analysis to adjust predictions for seasonal effects.

Time Series

A continuous chain of data points, often resulting from measurements taken one after another within a certain timeframe.

Forecasting Models

Quantitative and qualitative techniques used to predict future events or data points based on historical trends and patterns.