Website review: Gini coefficient - Wikipedia, the f...
newdrone1 discovered this in Socialism
•2 reviews since Oct 26, 2005
socialism, economics
•en.wikipedia.org/wiki/Gini_coefficient
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veryanon rated 3 months ago- The Gini coefficient is a measure of statistical dispersion most prominently used as a measure of inequality of income distribution or inequality of wealth distribution. It is defined as a ratio with values between 0 and 1: A low Gini coefficient indicates more equal income or wealth distribution, while a high Gini coefficient indicates more unequal distribution. 0 corresponds to perfect equality (everyone having exactly the same income) and 1 corresponds to perfect inequality (where one person has all the income, while everyone else has zero income).
- Heggs rated 26 months ago
- The gini coefficient is interesting stuff. I remember hearing that countries with a gini coefficient over 0.6 nearly always have revolutions.
