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What is difference between cohort analysis and cluster analysis. With example
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- The two sector model for income determinationThe table below shows information about the distribution of income in two countries. The rows are labeled "deciles" which are like percentiles but for groups of 10% instead of 1% of the population. The 1St decile is the poorest 10%, for example, while the 10th decile is the richest 10%. Coruscant Naboo cumulative income cumulative income decile income share share income share share 1st 2.29% 2.29% 3.12% 3.12% 2nd 3.93% 6.22% 4.50% 7.62% 3rd 5.30% 11.52% 5.69% 13.31% 4th 6.56% 18.08% 6.80% 20.11% 5th 7.81% 25.89% 7.91% 28.02% 6th 9.14% 35.04% 9.11% 37.13% 7th 10.69% 45.73% 10.52% 47.65% 8th 12.71% 58.44% 12.37% 60.02% 9th 15.94% 15.32% 10th 25.61% 24.66% mean income = 50,000 35,000 What is the cumulative income share for the bottom 9 deciles in Naboo?What was the ratio of per capita income in each of the following countriesto that in the United States in the year 2014. Ethiopia, Mexico, India,and Japan?
- Many individuals identify more with members of the population with which they share a common background rather than with the overall culture. Shared similarities such as language, national origin, ethnicity, etc., are thus identifiers of the various groups that make up the major culture. A Age cohort Gender identity C Socio-economic D SubculturalHow can we use data on the return to education to estimate how differences in education among countries contribute to differences in income among countries?Explain concept of GVA .
- The European Union has heavily protected its farm sector through import duties. Also, the Union subsidizes its exports of agricultural products. If âcroplandâ is regarded as a factor of production and is included in the Leontief statistic (along with labor), how would the presence of these agricultural policies affect the results of such tests?MODIFIED TRUE OR FALSE Human Development Index is a mix of three statistics- wealth, education and income.Can regression be used to estimate the effect of gender on an individual’s earnings?
- The data in the table characterizes the income distribution for a country. What percentage of the total population is categorized as belonging to the second quintile? Give your responses as whole numbers. Income category Share of income (%) Cumulative share of income (%) first quintile 7.0 --- second quintile 9.0 16.0 third quintile --- 35.0 fourth quintile 25.0 --- fifth quintile 40.0 --- percentage of population in second quintile: % What percentage of the total income for the country is earned by the third quintile? percentage earned by the third quintile: % What is the cumulative share of income earned by the poorest 80% of the population? percentage earned by the poorest 80%: %What does poverty look like in Ethiopia country? Correlates the cost of medical care with annual income in Ethiopia such as Infectious and chronic disease incidence, Health care provisions/options, and Prioritization of health care by the government Appropriate to include crime levels and environmental factors affecting health in Ethiopia suh as Earthquakes, hurricanes…. Interpret the impact of war, natural disasters, and/or bioterrorism on country's health status.World Bank data show that in 1995, the poorest 20% of households accounted for 7.5% of household income in Niger, the next 20% of households accounted for 11.8% of income, the middle 20% accounted for 15.5% of income, the second richest 20% accounted for 21.1% of income, and the top 20% accounted for 44.1% of income. What was the cumulative income share of the bottom 60% of households in Niger? 2. Draw a Lorenz curve and calculate the Gini coefficient for Niger.