Making a Graph show the level of poverty in guatamala createingariable (column) called rankpcy. Being a household's income rank in terms of per-capita total income in U.S. dollars, PPP adjusted, excluding government transfers. The household with the least amount of per capita income should have a value of rankpcy equal to 1. The household with the second least amount of per capita income should have a value of rankpcy equal to 2, and so on. The richest household should have a value of rankpcy equal to 927.

Then, using rankpcy show a new variable called F(pop), which will be the cumulative distribution of the population (i.e., the ratio of the household value of rankpcy compared with the total number of households.

Then show a new variable called F(pcy), which will be the cumulative distribution of income (i.e., the ratio of income earned by a given household, plus the income of all households that are poorer, compared to the sum of income earned by all households).

Show a graph the shows the Lorenz Curve for this sample of guatamalan households.

What does the shape of the Lorenz Curve tell you about the distribution of income in rural Mexico?

Calculate the Gini coefficient of inequality for rural Mexican households, excluding government transfers. Is it high, medium, or low?