GINI
Document Sample


gini
0.38625
RANGE: 0 (PERFECT EQUALITY; 1 PERFECT INEQUALITY)
n 20
Person "i" Income calculated calculated calculated
"i" X(i) x(i) CULULATIVE X(i) x(i)*i
1 1,000 0.003 0.003 0.00
2 3,000 0.009 0.013 0.02
3 4,000 0.013 0.025 0.04
4 5,000 0.016 0.041 0.06
5 6,000 0.019 0.059 0.09 GINI COEFFICENT
6 8,000 0.025 0.084 0.15 CULULATIVE X
7 8,000 0.025 0.109 0.18
8 9,000 0.028 0.138 0.23 1.000
9 11,000 0.034 0.172 0.31
0.900 LINE OF EQUALITY
10 12,000 0.038 0.209 0.38
11 14,000 0.044 0.253 0.48 0.800
12 17,000 0.053 0.306 0.64
13 19,000 0.059 0.366 0.77 0.700
14 21,000 0.066 0.431 0.92 0.600
15 23,000 0.072 0.503 1.08
0.500
16 27,000 0.084 0.588 1.35
17 29,000 0.091 0.678 1.54 0.400
18 32,000 0.100 0.778 1.80
0.300
19 33,000 0.103 0.881 1.96
20 38,000 0.119 1.000 2.38 0.200
SUM 320000 1 14.36 0.100
mean 0.05
Insert income amounts for each of the 20 people 0.000
here -- be sure to arrange from LOW to HIGH 0 5
Do NOT enter data in any of the other columns --
those are calculated.
Try entering both a fairly equal income distribution --
and then try a broadly unequal one. see how the curve deviates from the lin
equality as the gini coefficient increase
GINI COEFFICENT
CULULATIVE X
LINE OF EQUALITY
10 15 20
ow the curve deviates from the line of
ty as the gini coefficient increases.
Related docs
Get documents about "