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Question 3 [20 marks] Presented below in the table are the average weekly expenditure ($) of households headed by elderly people aged 65 and above on recreational activities in Community A and Community B. Number of Households headed by people aged 65 and above Groups Average weekly expenditure on recreational activities (S) Community A Community B 1 30 240 50 2 60 150 40 3 90 90 30 4 120 80 230 300 5 150 90 Total 650 650 Using the information provided above, i) calculate the Gini Coefficient of weekly expenditure on recreational activities by households headed by elderly people aged 65 and above in Community A and in Community B (Please keep 4 decimal places for all percentages and Gini coefficients. You must show necessary working steps.). [16 marks] 11 comment on the differences of the Gini Coefficients obtained in part i). [2 marks] 111) Assuming a recent policy initiative has just been implemented that provides additional cash income to elderly aged 65 and above, briefly discuss the potential impact of this initiative on the pattern of consumption of households headed by elderly people aged 65 and above in Community A and Community B. [2 marks] Question 3 [20 marks] Presented below in the table are the average weekly expenditure ($) of households headed by elderly people aged 65 and above on recreational activities in Community A and Community B. Number of Households headed by people aged 65 and above Groups Average weekly expenditure on recreational activities (S) Community A Community B 1 30 240 50 2 60 150 40 3 90 90 30 4 120 80 230 300 5 150 90 Total 650 650 Using the information provided above, i) calculate the Gini Coefficient of weekly expenditure on recreational activities by households headed by elderly people aged 65 and above in Community A and in Community B (Please keep 4 decimal places for all percentages and Gini coefficients. You must show necessary working steps.). [16 marks] 11 comment on the differences of the Gini Coefficients obtained in part i). [2 marks] 111) Assuming a recent policy initiative has just been implemented that provides additional cash income to elderly aged 65 and above, briefly discuss the potential impact of this initiative on the pattern of consumption of households headed by elderly people aged 65 and above in Community A and Community B. [2 marks]