Question

give a numerical example fir gini coefficient and lorenz curve​

Answer 1

Answer:

Graphical Representation of the Gini Index (Lorenz curve)

The line at 45 degrees thus represents perfect equality of incomes. ... Example: Following is an excel illustration of how Gini coefficient can be calculated by plotting the Lorenz curve and calculating the area between the equality line and the curve.

Answer 2

QU€STION:

give a numerical example fir gini coefficient and lorenz curve

ANSW€R:

The Gini coefficient is equal to the area below the line of perfect equality (0.5 by definition) minus the area below the Lorenz curve, divided by the area below the line of perfect equality. In other words, it is double the area between the Lorenz curve and the line of perfect equality

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