Quintile Ratio p137 Flashcards

1
Q

To calculate the QUINTILE RATIO, the population is divided into …a.. equal groups according to their …b……

A

a) 5
b) equal

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2
Q

The LOWEST income-earning group is at the …..a……., and the highest income-earning group is at the …..b…………

A

a) bottom
b) top

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3
Q

The income-earning groups are called …..

A

quintiles

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4
Q

Each of the income-earning groups represent ……% of the total population

A

20%

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5
Q

What is the formula of the Quintile Ratio:

…a..% x …b… groups = 100% population

A

a) 20%
b) 5

(20% x 5 groups = 100% population)

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