Lorenz curve/Definition

From Citizendium
Revision as of 03:50, 1 November 2009 by imported>Nick Gardner
Jump to navigation Jump to search
This article contains just a definition and optionally other subpages (such as a list of related articles), but no metadata. Create the metadata page if you want to expand this into a full article.


Lorenz curve [r]: A curve formed by plotting, on a cumulative basis, the amount of income or wealth possessed by members of a community against the number of individuals that possess that amount - so that equality is denoted by a straight line and inequality by the degree of curvature.