Saturday, July 26, 2008

Lorenze Curve


The Lorenz curve is a graphical representation of the proportionality of a distribution (the cumulative percentage of the values). To build the Lorenz curve, all the elements of a distribution must be ordered from the most important to the least important. Then, each element is plotted according to their cumulative percentage of X and Y, X being the cumulative percentage of elements and Y being their cumulative importance. The Lorenz curve is used in economics and ecology to describe inequality in wealth or size.

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