Refer to the graph above. The Gini for Hungary is 0.31 and for Brazil it is 0.60. Using the line of perfect income equality and the Lorenz curves, approximately how much of the totaf income goes to the richest 40% of the population in Brazil compared to Hungary? O 18 percent (Brazil) and 40 percent (Hungary) O 50 percent (Brazil) and 50 percent (Hungary) O 22 percent (Brazil) and 10 percent (Hungary) 82 percent (Brazil) and 60 percent (Hungarv)
Refer to the graph above. The Gini for Hungary is 0.31 and for Brazil it is 0.60. Using the line of perfect income equality and the Lorenz curves, approximately how much of the totaf income goes to the richest 40% of the population in Brazil compared to Hungary? O 18 percent (Brazil) and 40 percent (Hungary) O 50 percent (Brazil) and 50 percent (Hungary) O 22 percent (Brazil) and 10 percent (Hungary) 82 percent (Brazil) and 60 percent (Hungarv)
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
![Percentage of total income
100
Hungary
(GINI index 31%, 1996)
-----
Brazil
(GINI index - 60%, 1996)
80
Line of Absolute
Inequality
----
Line of Absolute Equality
20
40
60
100
Percentage of total pooulation
Poorest
Richest
Refer to the graph above. The Gini for Hungary is 0.31 and for Brazil it is 0.60. Using the
line of perfect income equality and the Lorenz curves, approximately how much of the total
income goes to the richest 40% of the population in Brazil compared to Hungary?
O 18 percent (Brazil) and 40 percent (Hungary)
O 50 percent (Brazil) and 50 percent (Hungary)
O 22 percent (Brazil) and 10 percent (Hungary)
O 82 percent (Brazil) and 60 percent (Hungary)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8aa23896-1fcc-4278-b606-c512fe81f1b4%2Fd3fd31c0-f1c3-4c9e-b969-f1fd975a89ab%2F77mwbj_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Percentage of total income
100
Hungary
(GINI index 31%, 1996)
-----
Brazil
(GINI index - 60%, 1996)
80
Line of Absolute
Inequality
----
Line of Absolute Equality
20
40
60
100
Percentage of total pooulation
Poorest
Richest
Refer to the graph above. The Gini for Hungary is 0.31 and for Brazil it is 0.60. Using the
line of perfect income equality and the Lorenz curves, approximately how much of the total
income goes to the richest 40% of the population in Brazil compared to Hungary?
O 18 percent (Brazil) and 40 percent (Hungary)
O 50 percent (Brazil) and 50 percent (Hungary)
O 22 percent (Brazil) and 10 percent (Hungary)
O 82 percent (Brazil) and 60 percent (Hungary)
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![MATLAB: An Introduction with Applications](https://www.bartleby.com/isbn_cover_images/9781119256830/9781119256830_smallCoverImage.gif)
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
![Probability and Statistics for Engineering and th…](https://www.bartleby.com/isbn_cover_images/9781305251809/9781305251809_smallCoverImage.gif)
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
![Statistics for The Behavioral Sciences (MindTap C…](https://www.bartleby.com/isbn_cover_images/9781305504912/9781305504912_smallCoverImage.gif)
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
![MATLAB: An Introduction with Applications](https://www.bartleby.com/isbn_cover_images/9781119256830/9781119256830_smallCoverImage.gif)
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
![Probability and Statistics for Engineering and th…](https://www.bartleby.com/isbn_cover_images/9781305251809/9781305251809_smallCoverImage.gif)
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
![Statistics for The Behavioral Sciences (MindTap C…](https://www.bartleby.com/isbn_cover_images/9781305504912/9781305504912_smallCoverImage.gif)
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
![Elementary Statistics: Picturing the World (7th E…](https://www.bartleby.com/isbn_cover_images/9780134683416/9780134683416_smallCoverImage.gif)
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
![The Basic Practice of Statistics](https://www.bartleby.com/isbn_cover_images/9781319042578/9781319042578_smallCoverImage.gif)
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
![Introduction to the Practice of Statistics](https://www.bartleby.com/isbn_cover_images/9781319013387/9781319013387_smallCoverImage.gif)
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman