From the following data, answer the following questions:

1. Calculate the relative interquartile range

2. Graph the Lorenz Curve

3. Calculate the Gini Coefficient

Number of People	Annual Earnings (per person)
60	3000
90	5000
90	7500
60	8000
60	21000
90	25000
90	50000
40	90000
20	110000

Before answering the questions, calculate the following: 1. Cumulative Earnings 2. Percentage of Individuals 3. Cumulative % of Individuals 4. Percentage of Income 5. Cumulative % of Income 1. Calculate the relative interquartile range Use the following equation to find the relative interquartile range: Annual Earnings75 - Annual Earnings25 Relative IQR = Annual Earnings50 2. Graph the Lorenz Curve To graph the Lorenz Curve, we need to use the percentage of individuals, percentage of income, cumulative percentage of income, and cumulative percentage of individuals to graph the following