Quintile of Population Quintile's % of Income, Colombia, 2010 Quintile's % of Income, Finland, 2010 Quintile's % of Income, United States, 2010 United States data from the Congressional Budget Office at CBO.gov. Before-tax Income, rounded to whole %s. 1st 2nd 3rd 4th 5th 7 11 19 60 9. 14 17 23 37 10 14 20 Data for other countries from WorldBank.org, rounded to whole %s. Report your answers to two decimal places. According to these data, the Gini coefficient for Colombia in 2010 is 0.514 O The Gini coefficient for Finland in 2010 is 0.260 These Gini coefficients indicate that in 2010, the income distribution was more unequal in Colombia compared to Finland. In 2010, the income distribution was more equal in the United States compared to Finland. 51
Quintile of Population Quintile's % of Income, Colombia, 2010 Quintile's % of Income, Finland, 2010 Quintile's % of Income, United States, 2010 United States data from the Congressional Budget Office at CBO.gov. Before-tax Income, rounded to whole %s. 1st 2nd 3rd 4th 5th 7 11 19 60 9. 14 17 23 37 10 14 20 Data for other countries from WorldBank.org, rounded to whole %s. Report your answers to two decimal places. According to these data, the Gini coefficient for Colombia in 2010 is 0.514 O The Gini coefficient for Finland in 2010 is 0.260 These Gini coefficients indicate that in 2010, the income distribution was more unequal in Colombia compared to Finland. In 2010, the income distribution was more equal in the United States compared to Finland. 51
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
5.
Transcribed Image Text:Instructions: Use the interactive tool to plot Lorenz curves for the information in the table.
Quintile of
1st
Population
2nd
3rd
4th
5th
Quintile's %
of Income,
Colombia,
2010
Quintile's %
of Income,
Finland,
2010
Quintile's %
of Income,
United
States,
2010
3
7
11
19
60
14
17
23
37
10
14
20
United States data from the Congressional Budget Office at CBO.gov. Before-tax Income, rounded to whole %s.
Data for other countries from WorldBank.org, rounded to whole %s.
Report your answers to two decimal places.
According to these data, the Gini coefficient for Colombia in 2010 is
0.514
The Gini coefficient for Finland in 2010 is 0.260
These Gini coefficients indicate that in 2010, the income distribution was more unequal
in Colombia compared to Finland.
In 2010, the income distribution was more equal
in the United States compared to Finland.
51
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