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any help would be appreciated. thank you. Write down a definite integral that represents the area A and compute this area. The Gini Index. Denote

any help would be appreciated. thank you.

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Write down a definite integral that represents the area A and compute this area. The Gini Index. Denote the area beneath the Lorenz curve and above the x-axis by B. The Gini Index is simply A G = A+B Compute the Gini Index for your Lorenz function. What is the range for the Gini index? What does a Gini value of 1 mean? What does a Gini value near 0 mean? For comparison, the Gini index for the LPGA (Ladies Professional Golf Index) was 0.52 in 2012, and the Gini Index for the NFL (National Football League) was 0.55 in 2015. (Gini Index estimates for various countries (World Bank): Brazil .53, Mexico .43, Nigeria .43, United States .41, Canada .34, Germany .31, Sweden .29, Denmark .28)

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