What does the Lorenz Curve demonstrate?

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06-05-2021
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What does the Lorenz Curve demonstrate?

Sagot :

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Аноним Аноним · Answer 1 · 2021-05-06T18:26:42-04:00

Answer:

A Lorenz curve is a graphical representation of the distribution of income or wealth within a population. Lorenz curves graph percentiles of the population against cumulative income or wealth of people at or below that percentile.

Explanation:

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aprilzakula aprilzakula · Answer 2 · 2021-05-07T11:48:35-04:00

aprilzakula aprilzakula

07-05-2021

A Lorenz curve is a graphical representation of the distribution of income or wealth within a population. Lorenz curves graph percentiles of the population against cumulative income or wealth of people at or below that percentile.

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What does the Lorenz Curve demonstrate?

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