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Pakistan generally has a low Gini coefficient and therefore a decent distribution of income (relatively lower inequality). [12] In 2015, 24.3% Pakistanis lived below Pakistan's definition of poverty. [13] Statistics vary due to the definition of poverty. According to the World Bank, poverty in Pakistan fell from 64.3% in 2001 to 24.3% in 2015 ...
Differences in accessing social goods within society are influenced by factors like power, religion, kinship, prestige, race, ethnicity, gender, age, sexual orientation, intelligence and class. Social inequality usually implies the lack of equality of outcome, but may alternatively be conceptualized as a lack of equality in access to ...
Because these income inequality metrics are summary statistics that seek to aggregate an entire distribution of incomes into a single index, the information on the measured inequality is reduced. This information reduction of course is the goal of computing inequality measures, as it reduces complexity.
Though there are many approximate solutions (such as Welch's t-test), the problem continues to attract attention [4] as one of the classic problems in statistics. Multiple comparisons: There are various ways to adjust p-values to compensate for the simultaneous or sequential testing of hypotheses. Of particular interest is how to simultaneously ...
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Economic inequality is an umbrella term for a) income inequality or distribution of income (how the total sum of money paid to people is distributed among them), b) wealth inequality or distribution of wealth (how the total sum of wealth owned by people is distributed among the owners), and c) consumption inequality (how the total sum of money spent by people is distributed among the spenders).
During the past two decades, the system expanded through new national policies and pro-poor spending. The gross enrollment rate in the poorest quintile of upazilas is 101 percent. [126] Also, the poorest quintile spending per child was 30 percent higher than the wealthiest quintile. [126] Educational inequalities continue despite the increased ...
The concept of inequality is distinct from that of poverty [5] and fairness. Income inequality metrics (or income distribution metrics) are used by social scientists to measure the distribution of income, and economic inequality among the participants in a particular economy, such as that of a specific country or of the world in general.