Question

The gini ratio equals the area between the lorenz curve and the line of equality​ _____ by the entire area beneath the​ _____.

Answer 1

between the line of equality and the lorenz curve, entire area beneath the line of equality

Step-by-step explanation:

The gini ratio equals the area between the lorenz curve and the line of equality​ by the entire area beneath the​ line of equality.

The Gini coefficient is a measure of inequality of a distribution. It is defined as a ratio with values between 0 and 1: the numerator is the area between the Lorenz curve of the distribution and the uniform distribution line; the denominator is the area under the uniform distribution line.