Wednesday, October 1, 2008

#40 Accumulative Line Graph or Lorenz Curve

A Lorenz curve is a function of a sizable proportion of ordered individuals mapped onto the corresponding cumulative proportion of their size. A lorenz Curve is commonly used when graphing economical conditions. This lorenz curve graphs the cumulative proportion of percentage of income and the cumulative proportion percentage of households.
>Source:
http://ingrimayne.com/econ/AllocatingRationing/Figure6.5.gif

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