Question

Indices of the income distribution measure

Answer 1

The index is based on the gini coefficient, a statistical dispersion measurement that ranks income distribution an a scale between 0 and 1. 1. it can be used to measure the inequality of any distribution, but is commonly associated with wealth. The gini coefficient for a country is often displayed visually using a graph called thearenz curve as depicted below.

Answer 2

The index is based on the gini coefficient, a statistical dispersion measurement that ranks income distribution an a scale between 0 and 1.

1 it can be used to measure the inequality of any distribution, but is commonly associated with wealth. The gini coefficient for a country is often displayed visually using a graph called the laranz curve, as depicted below.