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  1. #1

    A dummies guide to Singapore's falling Gini Coefficient

    Here's 3 quick points to take away about Singapore's falling Gini Coefficient and why it shouldn't bother you!

    1. Gini Coefficient measures income gaps but does not tell if the overall standards of living has improved.

    2. With narrowing income gap and higher income, Singapore seems to be in the right direction.

    3. The very nature of our city state and open economy may have caused our perceived income gap.

    Singapore's falling Gini Coefficient, and why it shouldn't bother you... - Five Stars And a Moon

  2. #2


    If anyone is wondering how the GINI coefficient is calculated, it is the area of the 'banana' divided by the area of the entire triangle. Which means 0.463 is still HUGE.

  3. #3
    In SG we r never bothered by the raw score, only the RANKING matters.

    So the question is: Are we LUMBER ONE? If not, it is irrelevant and wrong.

    Cheers.

    PS: Reached home with no MRT breakdowns.
    礼义廉耻,国之四维。四维不张,国乃灭亡。

    菩萨畏因,众生畏果

  4. #4
    Quote Originally Posted by fergsu View Post

    PS: Reached home with no MRT breakdowns.
    cant ave twice in a day bah! proof me wrong SMRT! break down twice a day!
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  5. #5
    ♥ Lightning ♥ 9VARZ's Avatar
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    A dummies guide to Singapore's falling Gini Coefficient

    Boh lah.

    What would be reeeeeeeally fun is to have multiple lines breaking down in (relatively) quick succession of each other.

    7 AM: Red line. 11am: Green line. 4pm: Purple line. 9pm: Orange line.

    Confirm, chop guarantee will have people looking to burn house, beat mother liao.

    [/OT]

    Re: GINI. Lies. Damned lies. Stats. Nuff saidz.
    Views expressed are my own.

    WTS: Garage sales!! Pre-loved items sold for cheap!!


    URGENT DOSE OF VITAMIN M REQUIRED.
    Can you help?

  6. #6
    Family man Dr_ARCHer's Avatar
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    Quote Originally Posted by fergsu View Post
    In SG we r never bothered by the raw score, only the RANKING matters.

    So the question is: Are we LUMBER ONE? If not, it is irrelevant and wrong.
    I think you probably posted with tongue-in-cheek, but just for the record, you cannot compare Gini scores to see if one country is 'better' than another. Wiki has some good examples on this.

  7. #7
    Statistics are but constructed lies that seem to tell some truth.

    On average everyone has less than half a vag and slightly more than a one testicle.
    It is better to remain silent and be taken as a fool, than to speak and prove your ignorance beyond doubt.

  8. #8
    Family man Dr_ARCHer's Avatar
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    Quote Originally Posted by rickysio View Post
    Statistics are but constructed lies that seem to tell some truth.

    On average everyone has less than half a vag and slightly more than a one testicle.
    Statistics are but tools used to describe certain characteristics of complex relationships. The lies are by the people who abuse the tools. Guns don't kill people; people kill people.

    There is nothing to stop you from painting the sky pink in your picture and saying that the picture shows the sky. However, an pink sky is not reality.

  9. #9
    Quote Originally Posted by rickysio View Post
    Statistics are but constructed lies that seem to tell some truth.

    On average everyone has less than half a vag and slightly more than a one testicle.
    not when the chart is like that! utterly true!

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  10. #10
    Quote Originally Posted by Dr_ARCHer View Post
    Quote Originally Posted by fergsu View Post
    In SG we r never bothered by the raw score, only the RANKING matters.

    So the question is: Are we LUMBER ONE? If not, it is irrelevant and wrong.
    I think you probably posted with tongue-in-cheek, but just for the record, you cannot compare Gini scores to see if one country is 'better' than another. Wiki has some good examples on this.
    礼义廉耻,国之四维。四维不张,国乃灭亡。

    菩萨畏因,众生畏果

  11. #11
    Quote Originally Posted by Dr_ARCHer View Post
    Quote Originally Posted by rickysio View Post
    Statistics are but constructed lies that seem to tell some truth.

    On average everyone has less than half a vag and slightly more than a one testicle.
    Statistics are but tools used to describe certain characteristics of complex relationships. The lies are by the people who abuse the tools. Guns don't kill people; people kill people.

    There is nothing to stop you from painting the sky pink in your picture and saying that the picture shows the sky. However, an pink sky is not reality.
    Pink sky could be a reality. In all fairness, the science of uncertainty is a much grossly misunderstood tool, a badly abused child.
    礼义廉耻,国之四维。四维不张,国乃灭亡。

    菩萨畏因,众生畏果

  12. #12
    Family man Dr_ARCHer's Avatar
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    Quote Originally Posted by etegration View Post
    not when the chart is like that! utterly true!

    If only the empirical Hot-Crazy scale is a hyperbolic function on the vertical transverse axis on the top right quadrant......

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