In the Case of Complete Income Equality, the Lorenz Curve

question 155

Multiple Choice

In the case of complete income equality, the Lorenz curve

• A)slopes downward.
• B)is a vertical line.
• C)is a horizontal line.
• D)is a 45-degree line from the origin.
• E)does not exist.

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Definitions:

Wilcoxon Rank Sum Test

A nonparametric statistical test used to compare two independent samples to assess whether their population means differ.

Marital Status

A demographic characteristic relating to an individual's state of marriage, such as single, married, divorced, or widowed.

Wilcoxon Rank Sum Test

A non-parametric test that assesses whether two independent samples come from the same distribution, particularly useful when the data does not meet the criteria for a t-test.

Wilcoxon Rank Sum

A non-parametric test used to compare two independent samples to determine whether their populations have different median values.