Tuesday, November 27, 2012

Accumulative line graph or Lorenz curve


http://www.datavis.ca/milestones/index.php?group=1900%2B

An accumulative line graph or Lorenz curve illustrates inequality of income. The way to interpret the graph is: if the curved line is closer to the line of equality, then the wealth is distributed more equally; on the other hand, if the curved line is further from the line of equality, then the wealth is not distributed equally. In the graph above the 60% of households earn 20% of the income.

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