Gini Coefficient
Subject: Business Statistics | Topics:

Gini coefficient measures the inequality among values of a frequency distribution. The Gini coefficient is usually a measure of statistical dispersion meant to represent the income distribution of a nation’s residents, and is the most common measure of inequality. It turned out developed by the particular Italian statistician as well as sociologist Corrado Gini and published in their 1912 paper “Variability as well as Mutability”.

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