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51% 51.2% 51.1% 51.5X 51.5% 48 49.8x 50.4% 50.3% 51.1% 51% Sox - 100x van soos som SRIX 13 6 46.6N 433 43.65 44.2N Share of h

Lowest quintile Second quintile Third quintile Fourth quintile Highest quintla Figure 2 Shares of household income in quintil

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Answer #1

Ans: d) Each fifth of the population would have a fifth of the income.

Explanation: In this question, we are analyzing 5 quintiles i.e. dividing population and income in 20% sets each. Since there is equal distribution, each quintile (whether lowest of highest) would have same share of income i.e. 20% (fifth of income).

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