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    Question

    The wealth distribution in a certain country is

    described by following Lorenz Function F(x) = x4 where x lies between 0 and 1. Please find the Gini coefficient for the same.
    A 0.20 Correct Answer Incorrect Answer
    B 0.30 Correct Answer Incorrect Answer
    C 0.60 Correct Answer Incorrect Answer
    D 0.50 Correct Answer Incorrect Answer

    Solution

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