The Following Income Distribution Data Define Points on Lorenz Curves

question 271

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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