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What is a
Gini coefficient
?
What is a
Gini coefficient
? Here are some definitions.
Noun
(
economics
)
A measure of the
inequality
of a
statistical
distribution
, ranging from 0 (total equality) to 1 (maximal inequality), used in various disciplines but especially in
economics
to compare
incomes
or
wealth
.
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Gini coefficient
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