Monday, April 25, 2011

Accumulative Line Graph or Lorenz Curve

Accumulative Line Graph or Lorenz Curve
Distribution of Wealth 




Used in economics the Lorenz curve again is a graphical representation.  These graphs show the cumulative distribution function and probability distribution of wealth. It is used to describe the inequality in wealth or size. The Lorenz curve is formed by plotting the cumulative distribution of the amount of the variable against its frequency.

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