Tuesday, November 22, 2011

Lorenz Curve

http://ingrimayne.com/econ/AllocatingRationing/MeasuringIncomeDist.html

The Lorenz curve is used in economics and ecology to describe inequality in wealth or size. The Lorenz curve is a function of the cumulative proportion of ordered individuals mapped onto the corresponding cumulative proportion of their size.  The further the line the below the more unequal the income is.

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