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Suppose the income share of the population by quintile is the following: Income Share (percent)...

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Finance

Suppose the income share of the population by quintile is the following:

Income Share (percent)

Quintile 1 5.6

Quintile 2 14.1

Quintile 3 17.3

Quintile 4 27.6

Quintile 5 35.5

What is the Gini coefficient? Round your answer to the nearest second decimal.

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