In a study conducted by a certain country's Economic Development Board, it was found that the Lorentz curve for the distribution of income of college teachers was described by the function
And that of lawyers by the function

Compute the coefficient of inequality for each Lorentz curve. Round your answer to four decimal places.

Which profession has a more equitable income distribution?

B)
C)
D)

Question

In a study conducted by a certain country's Economic Development Board, it was found that the Lorentz curve for the distribution of income of college teachers was described by the function ​  ​
And that of lawyers by the function
​  ​
Compute the coefficient of inequality for each Lorentz curve. Round your answer to four decimal places.
​
Which profession has a more equitable income distribution?
​
B) ​ 
C) ​ 
D) ​

Quizplus · Accepted Answer

The Answer is D

In a Study Conducted by a Certain Country's Economic Development