Gini Coefficent, Or Gini Index

Gini coefficent, or Gini Index. What is Gini Index? Who invented it? Lorenz curve. The curve is a graph showing the proportion of overall. A number between zero and one. Calculation. In the Lorenz curve, the Gini coefficient is the. Gini coefficient use.

What is the Gini coefficient Who invented it Lorenz curve A number between 0 and 1 How The coefficient is calculated Gini coefficient use.

So Gini coefficient varies on a scale from 0 to 1.

The coefficient is calculated using the Lorenz curve.

The more closer Lorenz curve is to the 45-degree line, the lower the Gini coefficient is.