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
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Author:Carter
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Chapter4: Equations Of Linear Functions
Section4.6: Regression And Median-fit Lines
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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.
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
Transcribed Image Text: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
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