EMPIRICAL PROJECT 5 MEASURING INEQUALITY: LORENZ CURVES ...
WORKING IN EXCEL PART 5.1 MEASURING INCOME INEQUALITY One way to visualize the income distribution in a population is to draw a Lorenz curve. This curve shows the entire population along the horizontal axis from the poorest to the richest. The height of the curve at any point on the vertical axis indicates the fraction of total income received ... ................
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