Tuesday, November 22, 2011

Lorenz Curve




A Lorenz Curve, sometimes known as an accumulative line graph, is a graph that generally is used to express inequality. Often the subject of these graphs is wealth distribution in a population. A line of equality is drawn to emphasize how severe the differential may be as you can see above.

http://ingrimayne.com/econ/AllocatingRationing/Figure6.5.gif

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