What is the name of a popular measure of inequality used by social scientists?
A) The Gini coefficient
B) The regression coefficient
C) Pearson's correlation coefficient
D) The Humanistic coefficient
E) The Spearman Rank correlation coefficient

Question

Quizplus · Accepted Answer

The Gini coefficient is a popular measure of inequality used by social scientists. It is a statistical measure of the distribution of wealth or income among a population. The coefficient ranges from 0, representing perfect equality (where everyone has the same amount of wealth or income), to 1, representing perfect inequality (where one person has all the wealth or income and everyone else has none).

What Is the Name of a Popular Measure of Inequality