Translate the following indication into mathematical language: the Gini index is the ratio that represents the area between the line , and the Lorentz curve, with respect to the triangular area between the same line, and the horizontal axis. Write a formula, in terms of a definite integral, to calculate the Gini index.

Mathematics For Machine Technology
8th Edition
ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter47: Applications Of Formulas To Cutting Speed, Revolutions Per Minute, And Cutting Time
Section: Chapter Questions
Problem 32A: Compute the following problems. Express the answers to the nearer whole number. Use C=3.1416DN12 or...
icon
Related questions
Question

Translate the following indication into mathematical language:

the Gini index is the ratio that represents the area between the line , and the Lorentz curve, with respect to the triangular area between the same line, and the horizontal axis. Write a formula, in terms of a definite integral, to calculate the Gini index.

Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
Mathematics For Machine Technology
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
Holt Mcdougal Larson Pre-algebra: Student Edition…
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL