Based on the information in the map, determine the appropriate labels for each location. The GINI Index measures economic inequality: inequality is higher the closer to 1 the GINI coefficient is.

Fill in the BlanksType your answers in all of the blanks and submit- current answer: <p id="">The graph that is used to depict income inequality, showing the percent of households along the &lt;blank&gt; axis and the percent of income along the &lt;y&gt; axis is known as the &lt;l&gt;curve.&nbsp;</p> <p id="">- br -</p> <p id="">If income were perfectly equally distributed within a country, the value of the Gini ratio for that country would be &nbsp;&lt;z&gt;.&nbsp;</p> <p id="">- br -</p> <p id="">The distribution of wealth tends to be &nbsp;&lt;more&gt; (more/less) unequal than the distribution of income.&nbsp;</p> <p id="">- br -</p> <p id="">The closer a Lorenz curve is to a 45-degree straight line, the more &lt;e&gt; (equal/unequal) the distribution of income.&nbsp;</p> <p id="">- br -</p> <p id="">A Gini coefficient of 0.80 would be considered a highly &lt;e2&gt; (equal/unequal) &nbsp;distribution of income.</p> <p id="">- br -</p>The graph that is used to depict income inequality, showing the percent of households along the blank - Word AnswerWrite your response here... axis and the percent of income along the y - Word AnswerWrite your response here... axis is known as the l - Word AnswerWrite your response here...curve. If income were perfectly equally distributed within a country, the value of the Gini ratio for that country would be  z - Numeric Answer. The distribution of wealth tends to be  more - Word AnswerWrite your response here... (more/less) unequal than the distribution of income. The closer a Lorenz curve is to a 45-degree straight line, the more e - Word AnswerWrite your response here... (equal/unequal) the distribution of income. A Gini coefficient of 0.80 would be considered a highly e2 - Word AnswerWrite your response here... (equal/unequal)  distribution of income.

Which of the following statements are true about the Gini index (GI)? Assume a binary classification problem where all instances are labeled as positive or negative.

2. In a given country, there are 5 people that earn $1 per year and 5 people that earn $ 3 per year.(a) Draw the Lorenz curve for this country.(b) On the diagram indicate (using the areas) how you would calculate the Gini coefficient

What general relationship can one establish between the Gini coefficient and Piketty’s favorite measure of inequality? Explain.

What does the Gini Index measure?Answer areaThe impurity in a datasetThe amount of information gainedThe statistical significance of attributesThe ratio of split points