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The table below gives incomes of 10 individuals in Trussellstan. Use Excel (or some other spreadsheet software) to graph the Lorenz curve for Trussellstan.
The table below gives incomes of 10 individuals in Trussellstan. Use Excel (or some other spreadsheet software) to graph the Lorenz curve for Trussellstan. Submit the spreadsheet including all your calculations and your graph. Citizen of Trussellstan Roy Everett Betty Ronald Earl Kenneth Carol April Melissa Joy Income $109,575 $28,899 $122,635 $47,681 $125,448 $147,953 $101,146 $130,006 $46,061 $134,602 EXTRA CREDIT: Earn 1 point (10%) by correctly calculating the GINI coefficient for Trussellstan. Be sure you clearly label your GINI coefficient and highlight it in yellow on the spreadsheet you submit.
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