What value does the Gini coefficient range from, indicating equality to inequality?

The Gini coefficient is a statistical measure used to represent income or wealth distribution within a population. It ranges from 0 to 1, where 0 corresponds to perfect equality—meaning everyone has the same income—and 1 corresponds to perfect inequality, where one person holds all income while everyone else has none. This range of values effectively illustrates variations in economic disparity among different populations.

When considering the other options, it's important to note that while some options suggest broader ranges, they do not accurately reflect the Gini coefficient's scale. In fact, a Gini coefficient expressed as a percentage from 0 to 100 can sometimes be seen in discussions, but it is crucial to remember that the conventional and most widely accepted range is from 0 to 1. This understanding is essential when analyzing economic inequality and interpreting the implications of the coefficient in various contexts.