Question
Lorenz Curve is given by:
dir="ltr">L(x) = 1/3 (X^3) + 2/3 (x^5). Calculate Gini Coefficient.Solution
The Gini coefficient is equal to the area below the line of perfect equality (0.5 by definition) minus the area below the Lorenz curve, divided by the area below the line of perfect equality. In other words, it is double the area between the Lorenz curve and the line of perfect equality.
Â
2380.03 ÷ 84.98 x 39.9 = ? + 15.32
The speed of the boat in still water is 20% less than the speed of the boat in downstream. The time taken by the boat to cover 780 km distance in upstre...
(1709.87 ÷ 38.09) + (768.11 ÷ 23.87) + (6599.81 ÷ 88.06) = ?
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
56.02% of 1499.98 + 64.04% of 2501.01 = ? + 25.05 × 49.98 + 6.063
25.22% of (59.9 × 8.01) + 69.97 =?Â
18.22 × 11.99 + 154.15 = ?
40.22 of 249.98% + 459.99 ÷ 23.18 = ?
648.13 ÷ 35.86 + 28.88 × 13.13 – 39.92% of 900.19 = ?
(284.85 ÷ 15.09) x 2.22 + 51.17 = 157.69 - ?
