Income distribution Using data from the U S Census Bureau, an economist produced the following Lorenz curves for the distribution of U S income in 1962 and in 1972 Find the Gini index of income concentration for each Lorenz curve and interpret the results x x2 f(x) g( Lorenz curve for 1962 10 x) x ...

For 1962 Index of Income Concen ...

Income distribution. Using data from the U.S. Census Bureau, an economist produced the following Lorenz curves for

Question:

Income Using data from the U.S. Census Bureau, an economist produced the following Lorenz curves for the of U.S. income in 1962 and in 1972:

Income distribution. Using data from the U.S. Census Bureau, an

Find the Gini index of income concentration for each Lorenz curve and interpret the results.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...