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77julia77 [94]
3 years ago
11

What does the Lorenz curve measure in the economy?

Mathematics
2 answers:
AnnZ [28]3 years ago
8 0

Answer:

a graphical representation of the distribution of income or of wealth.

Ymorist [56]3 years ago
5 0

The correct answer on Edgen is:

It illustrates income distribution. In economics, the Lorenz curve is a graphical representation of the distribution of income or of wealth. It was developed by Max O. Lorenz in 1905 for representing inequality of the wealth distribution. The curve is a graph showing the proportion of overall income or wealth assumed by the bottom x% of the people, although this is not rigorously true for a finite population.

I just answered this question and this is the right answer.

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Given the function f(x) square root x+1 -6choose the correct transformation.
Ahat [919]
Down 6
Left 1
I think hope it helps tho
5 0
3 years ago
Which could be used to evaluate the expression Negative 6 (4 and two-thirds)?
Firdavs [7]

Answer:

The answer is (Negative 6) (4) + (negative 6) (two-thirds)

Step-by-step explanation:

So basically, Negative 6x4= negative 24. Then you have to add Negative 6 x two-thirds. So 6 times two-thirds equal 4. So now you just add 24 and 4. And that equals 28. :)

6 0
3 years ago
Read 2 more answers
The probability that a person in the United States has type B​+ blood is 10%. Four un-related people in the United States are se
marysya [2.9K]

Answer:

a. 0.0001

b. 0.6561

c. 0.3439

d. B. The event in part​ (a) is unusual because its probability is less than or equal to 0.05.

Step-by-step explanation:

a. # We are given that the probability that a person in the United States has Type B+ blood = 0.10. Also we are told that four unrelated people in the United States are selected at random.

#We have to find here the probability that all four have type B+ blood.

Since the events are independent, we have :

Probability that all four have B+ blood  = 0.10 x 0.10x 0.10x0.10

                                                                                       = 0.0001

Therefore, the probability that all four have type B+ blood is 0.0001

b. We have to find the probability that none have B+ blood. Using the complementary law of probability we have:

Probability that blood type is not B+ = 1 - 0.10= 0.90                                                                        

Therefore, the probability that none have B+ blood

= 0.90 x 0.90 x 0.90x0.90=0.6561

Therefore, the probability that none have B+ blood is 0.6561

c. We have to find the probability that at least one of the four have B+ blood.

#The probability that at least one of the four have B+ blood = 1 -  Probability that none have B+ blood type

=1-0.6561=0.3439

Therefore,the probability that at least one of the four has type B+ blood is 0.3439

d. An event is considered unusual if the probability of the event is small or less than 0.05 . We note that event a is the only small probabilty and is less than 0.05.

-a is thus considered unusual(the rest are all usual events)

                                                                                                                 

6 0
3 years ago
Jordan would like to buy an oil painting with an original price of $744.00. Which coupon should he use 55% off or $400.00
Ksivusya [100]

Answer:

The 400 coupon is  80 cents better

Step-by-step explanation:

First find the sale price with the coupon

744 - 400 = 344

Now find the sale price with the discount

100-55 = 45

We will pay 45% of the original price

744*45%

744*.45

344.80

6 0
3 years ago
Qual e a raiz quadrada de 49
dimulka [17.4K]

Answer:

it's 7

Step-by-step explanation:

5 0
3 years ago
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