Clculate the deciles and quintiles the kuznetsrsquo ratio , Business Economics

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Clculate the deciles and quintiles the kuznetsrsquo ratio

Consider the following table with individuals in a country and their incomes:

Individuals Income Deciles Quintiles

1 1

2 3

3 5

4 8

5 10

6 12

7 13

8 15

9 16

10 17

Total 100 100 100

(a) Calculate the deciles and quintiles.

(b) The Kuznets’ ratio =

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Business Economics: Clculate the deciles and quintiles the kuznetsrsquo ratio

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Business Economics: Clculate the deciles and quintiles the kuznetsrsquo ratio

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