Thursday, April 22, 2010

Lorenz curve

This example of a Lorenz curve is a perfect example because it shows the line of perfect equality and of perfect inequality and then the Lorenz curve. For example, on the graph one can see the bottom the bottom 50% of households hold 30% or less of the total income.

http://www.google.com/imgres?imgurl=http://wpcontent.answers.com/wikipedia/commons/thumb/b/bd/Lorenz-curve1.png/550px-Lorenz-curve1.png&imgrefurl=http://www.answers.com/topic/lorenz-curve&usg=__TfJk7InrNMFhYYe_kf9cpE0Ris0=&h=312&w=550&sz=28&hl=en&start=7&itbs=1&tbnid=3lVIUDbwmYY4cM:&tbnh=75&tbnw=133&prev=/images%3Fq%3DAccumulative%2Bline%2Bgraph%2Bor%2BLorenz%2Bcurve%26hl%3Den%26sa%3DG%26gbv%3D2%26tbs%3Disch:1

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