what could the gini coefficient also be applied to, outside of income/wealth inequality?
Ṁ250 / 250
bounty left

the gini coefficient is commonly used as a metric to understand the income/wealth inequality in various countries. it strikes me that this could be applied to other topics that we see as having unequal distributions, such as frequency of having sex for instance.

what are some more topics of interest for people?

Get
Ṁ1,000
to start trading!
Sort by:

The Gini coefficient can be applied whenever the Pareto https://en.wikipedia.org/wiki/Pareto_principle principle is invoked. I utilize it for the analysis of quality control, healthcare costs and outcomes, as well as group productivity assessment.

I am interested in using the Gini coefficient to analyze the distribution of exam scores among students. I think This measure can complement standard deviation and provide additional insights.

© Manifold Markets, Inc.Terms + Mana-only TermsPrivacyRules