Monday, November 21, 2011

Accumulative Line Graph or Lorenz curve




http://www.google.com/imgres?imgurl=http://image.absoluteastronomy.com/images/encyclopediaimages/l/lo/lorenz-curve1.png&imgrefurl=http://www.absoluteastronomy.com/topics/Lorenz_curve&usg=__wWXZzxAnv84xiAXWCOQhENC8FFM=&h=312&w=550&sz=28&hl=en&start=0&zoom=1&tbnid=3lVIUDbwmYY4cM:&tbnh=96&tbnw=170&ei=WkgiTsq3OLHDsQLeu5GmAw&prev=/search%3Fq%3DAccumulative%2Bline%2Bgraph%2Bor%2BLorenz%2Bcurve%26hl%3Den%26safe%3Doff%26biw%3D1600%26bih%3D722%26tbm%3Disch&itbs=1&iact=hc&vpx=435&vpy=103&dur=1757&hovh=169&hovw=298&tx=149&ty=75&page=1&ndsp=32&ved=1t:429,r:2,s:0

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

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