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A Split at the $32,000 Income Point Creates a Top

Question 13

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A split at the $32,000 Income point creates a top and bottom partition. Compute the overall (weighted) Gini index given an Income Split of $32,000. A split at the $32,000 Income point creates a top and bottom partition. Compute the overall (weighted) Gini index given an Income Split of $32,000. A) MSE<sub>split</sub> <sub>(</sub><sub>Income=$36,000</sub><sub>) </sub> = 0.2667 B) MSE<sub>split</sub> <sub>(</sub><sub>Income=$36,000</sub><sub>) </sub> = 0.0000 C) MSE<sub>split</sub> <sub>(</sub><sub>Income=$36,000</sub><sub>) </sub> = 0.4959 D) MSE<sub>split</sub> <sub>(</sub><sub>Income=$36,000</sub><sub>) </sub> = 0.3637


A) MSEsplit (Income=$36,000) = 0.2667
B) MSEsplit (Income=$36,000) = 0.0000
C) MSEsplit (Income=$36,000) = 0.4959
D) MSEsplit (Income=$36,000) = 0.3637

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