Thursday, April 17, 2014

Accumulative line graph (Lorenz curve)




The accumulative line graph or Lorenz Curve graphically represents the cumulative representation the cumulative distribution function of a probability distribution. A Lorenz Curve is used to display income distribution. This line graph shows the percents of income vs. the percent of households paired with a Lorenz Curve. It is conclusive that the Lorenz Curve shows inequality.

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