The Gini coefficient is particularly useful as a measure of:
A) crime rate
B) happiness
C) income inequality
D) births to deaths ratio

Question

Quizplus · Accepted Answer

The Gini coefficient is a measure of income inequality, specifically the extent to which the distribution of income or consumption expenditure among individuals or households within an economy deviates from a perfectly equal distribution. It is useful for understanding disparities in wealth and poverty within a society. It is not related to crime rate, happiness, or births to deaths ratio.

The Gini Coefficient Is Particularly Useful as a Measure Of