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GINI COEFFICIENT
GINI COEFFICIENT
&
&
ECONOMIC WELFARE
ECONOMIC WELFARE

PRESENTED BY:
Ashima Goel
Ayushi Gupta
Neha Sagar
Saurav Kalia
Varun Kaushik
Vivek Khanna

developed by the Italian statistician Corrado
Gini
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Gini Coefficient is a measure of inequality
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Introduction
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published in his 1912 paper Variabilit\u00e0 e
mutabilit\u00e0
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It is commonly used as a measure of inequality
of income or wealth.
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It is defined as a ratio and can range from 0
and 1 (0% to 100%)
Contd..
The Gini index is the Gini coefficient expressed
as a percentage.
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Gini index = gini coefficient *100
of 00

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