Using the following information provided in the table below, calculate the Gini-coefficient for Algura. Population 10 32 15 Income per month 2000 96000 1500 per person Total Population 57 Calculate the new Gini Coefficient for Algura when income changes as follows' Population 10 32 15 Income per month 1200 78000 900 per person Total Population 57
Using the following information provided in the table below, calculate the Gini-coefficient for Algura. Population 10 32 15 Income per month 2000 96000 1500 per person Total Population 57 Calculate the new Gini Coefficient for Algura when income changes as follows' Population 10 32 15 Income per month 1200 78000 900 per person Total Population 57
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.6: Regression And Median-fit Lines
Problem 5PPS
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Can this be answered using the format as follows :
Step 1 Calculate total income
Step 2..Calculate the fraction of Income
Step 3.. Calculate fraction of population
Step 4.. Calculate the fraction of richer population
Step 5.. Calculate the Score.
Step 6.. Calculate Aggregate Score.
Step 7.. Calculate the Gini Coefficient.
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