Short Answer
In a study conducted by a certain country's Economic Development Board, it was found that the Lorentz curve for the distribution of income of stockbrokers was described by the function
and that of high school teachers by the function
Compute the coefficient of inequality for each Lorentz curve. Round your answers to the nearest hundredth.
The coefficient of inequality for stockbrokers is __________.
The coefficient of inequality for teachers is __________.
Which profession has a more equitable income distribution?
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0.31; 0.25...View Answer
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