A Lorenz curve is a curve that shows the probability distribution of data collected that has been attained through use of statistic metrics. This Lorenz curve shows the shares of the lowest x% in expenditures for this statistical group.
Saturday, July 20, 2013
Lorenz Curve
http://mrzine.monthlyreview.org/2010/si050410.html
A Lorenz curve is a curve that shows the probability distribution of data collected that has been attained through use of statistic metrics. This Lorenz curve shows the shares of the lowest x% in expenditures for this statistical group.
A Lorenz curve is a curve that shows the probability distribution of data collected that has been attained through use of statistic metrics. This Lorenz curve shows the shares of the lowest x% in expenditures for this statistical group.
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