Sunday, December 5, 2010

Lorenz Curve

http://www.unc.edu/depts/econ/byrns_web/Economicae/Figures/Lorenz.htm
The Lorenz Curve shows how data is distributed with two variables, and can easily be compared with a perfect equality line to show the disproportionate distribution of a variable. In the case of this graph, the skewed distribution of income is clearly displayed.

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