g.com/ibiscms/modibis/view.php?id 5637056 Jum Map The data in the corresponding

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g.com/ibiscms/modibis/view.php?id 5637056 Jum Map The data in the corresponding table characterizes the income distribution for a country of the total population is Income Category Share of income (%) Cumulative Share of Income (%) to the 2nd quintile? 1.0 1st Quintile 2nd Quintile 150 3rd Quintile 4th Quintile 29.0 5th Quintile 16.0 20 1% 390 What percentage of the total income for the country is eamed by the 3rd quintile? 32.0 Numbar 23 |% What is the cumulative share of income earned by the poorest 80% of the populaton? Number 77 | % O Previous Give Up & View Solution 9 Check Answer 0 Next ?? Exit . Hint about us careers privacy policy terms of use contact us

Explanation / Answer

A.Population in 2nd quantile=20%

B.23%

C.4th quantile includes 80% population.

Answer-68%

Income category Share of income Cumulative share of income 1st quantile 1 2nd quantile 15 16 3rd quantile 23 39 4th quantile 29 68 5th quantile 32 100

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