In a study conducted by a certain country's Economic Development Board, it was found that the Lorentz curve for the distribution of income of stockbrokers was described by the function
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and that of high school teachers by the function
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Compute the coefficient of inequality for each Lorentz curve. Round your answers to the nearest hundredth.
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The coefficient of inequality for stockbrokers is __________.
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The coefficient of inequality for teachers is __________.
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Which profession has a more equitable income distribution?
What will be an ideal response?
0.31; 0.25; teachers
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