How accurate is the statistic that "1% of the population owns 95% of the entire wealth"?

Question

How accurate is the statistic that "1% of the population owns 95% of the entire wealth"?

asked Feb 27, 2022 by anonymous

1 Answer

Related questions

If you were granted a peek at a single 100% completely accurate dataset or statistic, what would you want to know?

Description : If you were granted a peek at a single 100% completely accurate dataset or statistic, what would you want to know?

Last Answer : The names and timelines of every girl who ever has had or will have feelings for me.

Which one is a set of elements taken from a larger population according to certain rules? a. Sample b. Population c. Statistic d. Element

Description : Which one is a set of elements taken from a larger population according to certain rules? a. Sample b. Population c. Statistic d. Element

Last Answer : a. Sample

A statistic is: a. a sample characteristic b. a population characteristic c. unknown d. normally distributed

Description : A statistic is: a. a sample characteristic b. a population characteristic c. unknown d. normally distributed

Last Answer : a. a sample characteristic

How much money would it take you to go crazy with wealth?

Description : How much money would it take you to go crazy with wealth?

Last Answer : I honestly don’t think that it would.

Do you think it's an apt analogy to compare revealing that you have enormous wealth to coming out as gay?

Description : Do you think it's an apt analogy to compare revealing that you have enormous wealth to coming out as gay?

Last Answer : answer: Offensive needs to be retired. Obviously, it's easy to find the concept of being rich as isolating and challenging to be ridiculous. But remember that African Americans have found it ... able to make that assessment requires that I exercise an intuition that I am entirely suspect of.

Why would you not make the number one goal the pursuit of wealth?

Description : Why would you not make the number one goal the pursuit of wealth?

Last Answer : My #1 priority is raising my kids and providing for them which is why I made sure I was not some hack punching a time card! After this goal is accomplished I will spend whatever money I have left on living what time I have left to it’s fullest! And that will be one hell of a party!

Rags to Riches: in the United States, can you work your way up from poverty to extreme wealth?

Description : Rags to Riches: in the United States, can you work your way up from poverty to extreme wealth?

Last Answer : Sure. Why not? Have you watched the news lately? We are too obsessed with who is sleeping with who, fathering who's children out of wedlock. We don't have time for real news. Not ... remove the obstacle, maybe, if this question wasn't so hypothetical and we were actually talking about something.

How to Create Wealth?

Description : How to Create Wealth?

Last Answer : Get a job and work your way up from there

How do you deal with people who point out your wealth without sounding arrogant?

Description : How do you deal with people who point out your wealth without sounding arrogant?

Last Answer : Are you loaded or is it your folks money? Did you pay for all of your stuff through working?

If the entire program is written in FORTRAN, the percentage increase in the execution time, compared to writing the entire program in FORTRAN and rewriting the 1% in assembly language is ? 0.9 0.8 8 9

Description : If the entire program is written in FORTRAN, the percentage increase in the execution time, compared to writing the entire program in FORTRAN and rewriting the 1% in assembly language is ? 0.9 0.8 8 9

Last Answer : 0.8

If 99% of the program is written in FORTRAN and the remaining 1% in assembly language, the percentage increase in the programming time compared to writing the entire program in FORTRAN and rewriting the 1% in assembly language is ? 10 5 13 8

Description : If 99% of the program is written in FORTRAN and the remaining 1% in assembly language, the percentage increase in the programming time compared to writing the entire program in FORTRAN and rewriting the 1% in assembly language is ? 10 5 13 8

Last Answer : 5

Adhu Ltd. owns machinery (rate of depreciation is 15%), the written down value of which as on 1st April 2017 is Rs.30 Lakh. Due to fire, entire assets in the block were destroyed and the insurer paid Rs.25 lakh. The eligible depreciation in respect of block : a) Rs.450000 b) Rs. 75000 c) Rs. 400000 d) Nil

Description : Adhu Ltd. owns machinery (rate of depreciation is 15%), the written down value of which as on 1st April 2017 is Rs.30 Lakh. Due to fire, entire assets in the block were destroyed and the insurer paid Rs.25 lakh ... depreciation in respect of block : a) Rs.450000 b) Rs. 75000 c) Rs. 400000 d) Nil

Last Answer : d) Nil

How much money would you estimate you have earned in your entire life (total lump sum)?

Description : How much money would you estimate you have earned in your entire life (total lump sum)?

Last Answer : $15,000 time 7 = 105,000 + 2000 = $107,000 then again I’m only 33

What would it take to build a massive inter galactic space station and house even one hundred thousand people, not even 1% of the US population?

Description : What would it take to build a massive inter galactic space station and house even one hundred thousand people, not even 1% of the US population?

Last Answer : Make it really, really, really big. Call it ‘planet’.

Answer: b, c, d Eosinophils constitute 1% to 3% of the leukocyte population of the bloodstream. They also reside in tissues and they exhibit phagocytic capabilities. They are less effective as bactericidal cells than neutrophils, but play a major role in defense against parasites. Eosinophils are primary effectors in allergic reactions by virtue of IgE receptors (which are not found on neutrophils). Basophils are fully differentiated cells released into the circulation from bone marrow. Basophils are the major, if not sole, source of histamine in the blood. Histamine is a vasoactive amine and the major mediator of the IgE-mediated immediate hypersensitivity response. Histamine release from basophils is induced by complement products as well as by IgE receptors. Mast cells are formed from

Description : Answer: b, c, d Eosinophils constitute 1% to 3% of the leukocyte population of the bloodstream. They also reside in tissues and they exhibit phagocytic capabilities. They are less ... the cycle of events that result in recruitment and activation of inflammatory cells at sites of inflammation

Last Answer : Cellular injury from oxidants may be manifest by which of the following? a. Cell membrane lipid peroxidation b. DNA strand breaks c. Cytoskeletal disassembly d. ATP depletion

According to 2017 census what is the share of FATA in the total Population of Pakistan A. 3% B. 2% C. 1% D. 0.5%

Description : According to 2017 census what is the share of FATA in the total Population of Pakistan A. 3% B. 2% C. 1% D. 0.5%

Last Answer : ANSWER: B

According to 2017 census what is the share of FATA in the total Population of Pakistan A. 3% B. 2% C. 1% D. 0.5%

Description : According to 2017 census what is the share of FATA in the total Population of Pakistan A. 3% B. 2% C. 1% D. 0.5%

Last Answer : ANSWER: B

The population of city S increased from 650,000 in 2000 to 700,000 in 2010, and it is projected that the population will increase by the same number from 2010 to 2020. Approximately what is the projected percent increase in population from 2010 to 2020 ? a) 7.1% b) 7.7% c) 8.3% d) 14.3% e) 15.3%

Description : The population of city S increased from 650,000 in 2000 to 700,000 in 2010, and it is projected that the population will increase by the same number from 2010 to 2020. Approximately what is the projected percent increase in population from 2010 to 2020 ? a) 7.1% b) 7.7% c) 8.3% d) 14.3% e) 15.3%

Last Answer : Required percentage = (750000 - 700000)/700000 * 100 = 7.14% Answer: a)

Not understanding p value (chi square statistic problem)

Description : Not understanding p value (chi square statistic problem)

Last Answer : The p value is a test of your data as it applies to your claim about that population of data or your null hypothesis (what you are testing for). It tells you whether or not your claim is valid. A p value ... or less couldn't tell with the term cut off ) than 3.841 (the claim), the p value being

Are there any statistic research on peoples' use (count) of each character in the alphabet?

Description : Are there any statistic research on peoples' use (count) of each character in the alphabet?

Last Answer : Have you not tried googling for this?

Have you lost any files that you could have prevented with backups in the last year? Please say also if you haven't. This is kind of a statistic. Feel free to share horror stories. I've been there. Thanks :)

Description : Have you lost any files that you could have prevented with backups in the last year? Please say also if you haven't. This is kind of a statistic. Feel free to share horror stories. I've been there. Thanks :)

Last Answer : I haven’t but I work in the computer industry and know a lot of people who have. Hard disk failure is the usually the cause, but back in the days of floppies I knew someone who was keeping their backups “safe” by sticking them to a fridge with fridge magnets!

What’s a crazy fact/statistic that sounds false but is actually true?

Description : What’s a crazy fact/statistic that sounds false but is actually true?

Last Answer : Crows have recently started to figure out how to make tools that are even more advanced than early human tools

What is a statistic about your life that you wish you knew?