Question:
Monthly per capita consumption expenditure (MPCE) of 10 households in a region is given below.
Households H1 H2 H3 H4 H5 H6 H7 H8 H9 H10 MPCE(in Rs.) 2800 3000 1200 3500 1400 2500 4000 1000 900 1300
Assuming the poverty cutoff (Z) of MPCE to be Rs. 2000, the squared poverty gap ratio is _______(round off to 3 decimal places)
Monthly per capita consumption expenditure (MPCE) of 10 households in a region is given below.
Assuming the poverty cutoff (Z) of MPCE to be Rs. 2000, the squared poverty gap ratio is _______(round off to 3 decimal places)
| Households | H1 | H2 | H3 | H4 | H5 | H6 | H7 | H8 | H9 | H10 |
| MPCE(in Rs.) | 2800 | 3000 | 1200 | 3500 | 1400 | 2500 | 4000 | 1000 | 900 | 1300 |
Assuming the poverty cutoff (Z) of MPCE to be Rs. 2000, the squared poverty gap ratio is _______(round off to 3 decimal places)
Updated On: Oct 1, 2024
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Correct Answer: 0.092
Solution and Explanation
The correct answer is: 0.092 or 0.093 (approx.)
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