Gini coefficient

English dictionary entry

Meanings

noun
  1. A measure of the inequality of a statistical distribution, ranging from 0 (total equality) to 1 (maximal inequality), used in various disciplines but especially in economics to compare incomes or wealth.

Pronunciation

/ˈdʒiːni ˌkəʊˈɪ.fɪʃn̩t/

Word forms

Gini coefficient Gini coefficients

Etymology

Named after Italian statistician and sociologist Corrado Gini (1884–1965).

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