1216.1518A split at the $32,000 Income point creates a top and bottom partition. Compute thoverall (weighted) Gini index given an Income Split of $32,000.0,00014.000Client DataMSEsplit (Income-$36,000) = 0.3637MSE split (Income-$36.000) = 0.0000MSE split (Income-$36,000) = 0.2667MSEsplit (Income-$36.000) = 0.4959$32,000Quertion 9/1 point)

GINI INDEX:-The concise indicator of income disparity is the Gini Index. The Gini coefficient…

A split at the $32,000 Income point creates a top and bottom partition. Compute overall (weighted) Gini index given an Income Split of $32,000. MSE, Client Data Esplit (Income-$36,000) - 0.3637 MSE split (Income-$36.000) = 0.0000 MSE, $32,000 Esplit (Income-$36,000) * 0.2667 MSE split (Income-$36.000)-0.4959 9/1 point)

A split at the $32,000 Income point creates a top and bottom partition. Compute overall (weighted) Gini index given an Income Split of $32,000. MSE, Client Data Esplit (Income-$36,000) - 0.3637 MSE split (Income-$36.000) = 0.0000 MSE, $32,000 Esplit (Income-$36,000) * 0.2667 MSE split (Income-$36.000)-0.4959 9/1 point)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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