Hello, can you solve the Gini Coefficient for per-capita income for 1993 and 2004. Can you also conclude the evolution of inequality from the excel data. The data is provided below the picture. Thank you!

3. Income Inequality: Gini Coefficient Use the covariance formula to calculate the Gini coefficient and report the Gini coefficients for 1993 and 2004 in the table below. Your Gini coefficients should be between 0 and 1. (Use two decimal spaces for display) Table 3: Gini coefficients for 1993 & 2004 1993 2004 Gini coefficient Based on your Lorenz curves and Gini coefficients, briefly explain what you conclude about the evolution of inequality.Gini Coefficient 2 * Cov (F(y), y) G =