Get Gini Coefficient Formula
Gif
. The gini coefficient is a statistical measure used to calculate inequality within a nation. Next, group the population into different segments based on the level of income.

The gini coefficient is calculated as follows. Foster's book on economic inequality (1973/1997). The coefficient measures the dispersion of incomeremunerationremuneration is any type of compensation or payment that an individual or employee receives as payment for their services or.

### The gini coefficient can be calculated if you know the mean of a distribution, the number of people (or percentiles), and the income of each person (or percentile).

We find out the income of all the people in a country and then express this information as a cumulative percentage of people against the cumulative share of income earned. The gini coefficient is a measure of inequality of a distribution. The gini coefficient (gini index or gini ratio) is a statistical measure of economic inequality in a population. So if everyone in a country had the same income, the number would which implemented all formulas from amartya sen's and james e.

(Visited 2 times, 2 visits today)