Gini coefficient

High school (ages 12+)
Mathematics & Numbers

Name:

Date:

Step 1 · Read the article

Open the article and read it at the level above. Then answer the questions below in your own words.

https://smallwhale.org/articles/gini-coefficient

Write what each word means, using the article.

Do not copy the article. Write two things you learned, the way you would explain them to a friend.

Answers below are taken from the article’s stored facts, so they match what the student read.

1. What is the statistical measure?A coefficient quantifying income, wealth, or consumption inequality
2. What is the developed by?Corrado Gini, Italian statistician and sociologist, in 1912
3. What does a Gini coefficient of 0 mean?It means everyone has exactly the same amount of money or wealth—perfect equality.
4. What does a Gini coefficient of 1 mean?It means one person has all the money or wealth and everyone else has none—complete inequality.

Statistical dispersion: A measure of how spread out data points are from their average value.
Income inequality: The disparity in earnings among individuals or households within a population.
Wealth inequality: The uneven distribution of assets, such as property and investments, among individuals or households.
Social stratification: The hierarchical arrangement of social classes or groups within a society.