The Gini Index is a measure of how evenly income is distributed within a country, ranging from
Question:
The Gini Index is a measure of how evenly income is distributed within a country, ranging from 0 to 100. An index of 0 suggests income is distributed with perfect equality. The higher the number, the worse the income inequality. The data below represent the Gini Index for a random sample of countries. The United States has a Gini Index of 45 and Sweden has the lowest Gini Index.
With a first class having a lower class limit of 20 and a class width of 5:
(a) Construct a frequency distribution.
(b) Construct a relative frequency distribution.
(c) Construct a frequency histogram of the data.
(d) Construct a relative frequency histogram of the data.
(e) Describe the shape of the distribution.
(f) Repeat parts (a)–(e) using a class width of 10.
(g) Does one frequency distribution provide a better summary of the data than the other? Explain.
23.0 27.0 30.0 32.0 34.0 36.5 38.5 40.0 41.9 45.0 47.2 50.4 55.1 23.8 27.2 30.3 32.1 34.1 36.7 39.0 40.0 42.4 45.3 47.4 50.8 57.7 24.3 27.4 30.6 32.6 34.2 36.8 39.0 40.1 42.5 45.3 47.5 50.9 58.5 24.7 28.0 30.7 32.7 34.4 40.2 24.8 28.0 30.9 32.8 34.5 36.8 39.0 43.2 45.5 47.7 51.9 59.2 36.8 39.0 40.5 43.7 45.6 47.8 51.9 59.7 37.6 39.2 40.8 44.3 45.8 48.3 52.1 61.3. 49.0 53.0 62.9 25.0 28.2 30.9 33.0 35.2 26.0 28.2 31.0 33.2 35.3 37.6 39.4 40.9 44.5 46.0 26.0 28.9 31.3 33.2 35.5 37.6 39.4 41.3 44.6 46.2 50.1 53.2 63.0. 41.5 44.6 46.8 50.2 53.6 63.1 26.0 29.0 31.9 33.4 36.2 37.7 39.5 26.3 29.6 31.9 33.7 36.2 37.9 39.7 41.7 44.8 46.9 50.3 53.7 63.2 26.8 30.0 32.0 33.9 36.5 38.0.
Step by Step Answer:
a b Relative frequency of a Gini Index of 20249 5136 0037 and so on c d e The shape of the ...View the full answer
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