Gini coefficient/Definition: Difference between revisions

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imported>Nick Gardner
(New page: <noinclude>{{Subpages}}</noinclude> A number between O and 1 denoting the degree of inequality of income in a community, defined as the area between the ''Lorenz curve'' and the diagonal d...)
 
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A number between O and 1 denoting the degree of inequality of income in a community, defined as the area between the ''Lorenz curve'' and the diagonal divided by the area under the diagonal.
A number between 0 and 1 denoting the degree of inequality of income in a community, defined as the area between the ''Lorenz curve'' and the diagonal divided by the area under the diagonal.

Latest revision as of 04:57, 1 November 2009

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Gini coefficient [r]: A number between 0 and 1 denoting the degree of inequality of income in a community, defined as the area between the Lorenz curve and the diagonal divided by the area under the diagonal.