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In a Study Conducted by a Certain Country's Economic Development

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In a study conducted by a certain country's Economic Development Board regarding the income distribution of certain segments of the country's workforce, it was found that the Lorentz curve for the distribution of income of college professors is described by the function In a study conducted by a certain country's Economic Development Board regarding the income distribution of certain segments of the country's workforce, it was found that the Lorentz curve for the distribution of income of college professors is described by the function   Compute the coefficient of inequality of the Lorentz curve. Round to two decimal places. Hint: Use the formula   . Compute the coefficient of inequality of the Lorentz curve. Round to two decimal places.
Hint: Use the formula In a study conducted by a certain country's Economic Development Board regarding the income distribution of certain segments of the country's workforce, it was found that the Lorentz curve for the distribution of income of college professors is described by the function   Compute the coefficient of inequality of the Lorentz curve. Round to two decimal places. Hint: Use the formula   . .


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