Re:Ask HN: How to increase SWE salaries in Europe?
by tobinfricke on Wednesday January 13, 2021 @10:46PM
(#25771654)
No, it yields a Gini coefficient very close to zero.
The Gini coefficient is defined as 1/2 the mean absolute difference considering all pairs of households:
https://en.wikipedia.org/wiki/Gini_coefficient
A group of people where everyone has the same income as a Gini coefficient of exactly zero. Adding a single outlier will increase it a little. A group of 1001 with 1000 people earning $1 and one person earning $100 has a Gini coefficient of 0.09.
Re:Ask HN: How to increase SWE salaries in Europe?
by thomasahle on Thursday January 14, 2021 @02:46AM
(#25773396)
>> If everyone in Tajikistan has $5 except the president
> That distribution will yield a very high gini coefficient of very close to 1.
It yields (n-1)|5-p|/(2n(5(n-1)+p)) which is about p/(5n+p).
So it depends on whether the president (p) has $10 or $n^2.
That distribution will yield a very high gini coefficient of very close to 1.