4.3.4.2b - Measurements of inequality: • the Lorenz curve • the Gini coefficient
- Syllabus
- 2018
- Objective
- 4.3.4.2
- Level
- A2
Measurements of inequality:; the Lorenz curve; the Gini coefficient.
Use b - measurements of inequality: • the lorenz curve • the gini coefficient to connect the rule to the data and decision in the question.
This matters because b - measurements of inequality: • the lorenz curve • the gini coefficient determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.
Example: apply b - measurements of inequality: • the lorenz curve • the gini coefficient to one small, clearly defined case, show the key step or comparison, and explain the result in words.
Boundary: b - Measurements of inequality: • the Lorenz curve • the Gini coefficient is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.