Multiple Choice
In a study conducted by a certain country's Economic Development Board regarding the income distribution of certain segments of the country's workforce, it was found that the Lorentz curve for the distribution of income of college professors is described by the function 
Compute the coefficient of inequality of the Lorentz curve. Round to the nearest thousandth. Hint: Use the formula 
A) 0.331
B) 0.809
C) 0.589
D) 0.31
Correct Answer:
Verified
Correct Answer:
Verified
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