MAT-1030 Quiz: MATH 1030 App State 2010 06 09 Quiz3
Document Summary
Math 1030 quiz #5a (june 23rd, 2010: the republic of bob has determined that their lorentz curve is given by l(x) = 0. 86x2 + 0. 14x. Answer: the gini index is approximately 0. 287: suppose the c (q) = 2q2. We also know that the cost when q = 1 is . Plug 1 into for q and set this equal to 40. 75q + 900) + c. to nd c we need to use the fact that c(1) = 40. Alpha: 1/3 q (2 q^2-75 q+900) + c at q=1. 75q + 900) 235. 667 or c(q) = 2/3q3. Math 1030 quiz #5b (june 23rd, 2010: the republic of bob has determined that their lorentz curve is given by l(x) = 0. 943x2 + 0. 057x. The gini index is 1 2z 1. Then, plug that into the formula for the gini index: Answer: the gini index is approximately 0. 314: suppose the c (q) = 1. 5q2.
