Sociology / Soc 0868 · Atom · ~20 seconds
The Gini Coefficient
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The Gini coefficient summarizes income inequality in a single figure from zero, perfect equality, to one, where a single household receives all the income.
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It compares the actual distribution against the line that perfect equality would trace.
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One number cannot say where in the distribution the inequality sits, and two societies can share a Gini and differ greatly.