The Following Income Distribution Data Define Points on Lorenz Curves

question 300

Multiple Choice

The following income distribution data define points on Lorenz curves, where x represents the fraction of a certain country's population and L(x) the cumulative percent of income held by fraction x. Use this data and a numerical method to evaluate and hence to find the Gini coefficient of income for this country in 1995 and 2003. Round your answers to three decimal places.
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• A) ​ ​
• B) ​ ​
• C) ​ ​
• D) ​ ​
• E) ​ ​​ ​

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Definitions:

Temporal

Pertaining to the temporal bone of the skull, near the temples, and involved in hearing and balance.

Parietal

Relating to or attached to the wall of a cavity or body, such as the parietal bones of the skull or the parietal lobe of the brain.

Sphenoid

A complex bone located at the base of the skull between the frontal and temporal bones, contributing to the structure of the eye socket and the cranial floor.

Cervical Vertebrae

The seven vertebrae forming the upper part of the spine, located in the neck region.