The Lorenz curves for the income distribution in the United States for all races for 2012 and

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The Lorenz curves for the income distribution in the United States for all races for 2012 and for 2004 are given below (Source: U.S. Census Bureau). Find the Gini coefficient of income for both groups, and compare the distribution of income for these groups. 2012: y=x2.760 2004: y=x2.671
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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