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The Lorenz curve was developed by Max O. Lorenz. The Lorenz curve is a visual representation in economics which displays the income distribution of a nation graphically. On the y-axis, you have income distribution (either as a percentage, or in decimal form); on the x-axis, there is population distribution of total wealth. There is an upward sloping, 45 degree reference line that shows perfectly equal distribution of wealth (i.e 25% of the lowest income earners have 25% of the nation's income). From the Lorenz curve, you can calculate the Gini coefficient; the closer the coefficient is to zero, the more distributed the income of a nation is.
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What has the author Lorenz Lorenz written?
Lorenz Lorenz has written: 'Die Nacht des Fehlers'
What is the birth name of Flake Lorenz?
Flake Lorenz's birth name is Christian Lorenz.
Who studied animal imprinting?
konrad lorenz (1903-1989)
What is the birth name of Lorenz Walker?
Lorenz Walker's birth name is Lorenz James Walker.
What is the birth name of Edward Lorenz?
Edward Lorenz's birth name is Edward Norton Lorenz.
What is the birth name of Nick Lorenz?
Nick Lorenz's birth name is William Nicholas Lorenz.
What is the birth name of Yutah Lorenz?
Yutah Lorenz's birth name is Lorenz, Elma Yutah.
What is the birth name of Lorenz Hart?
Lorenz Hart's birth name is Lorenz Milton Hart.
When was Lorenz Weisz born?
Lorenz Weisz was born in 1944.
How tall is Dominique Lorenz?
Dominique Lorenz is 158 cm.
How tall is Flake Lorenz?
Flake Lorenz is 198 cm.
How tall is Katharina Lorenz?
Katharina Lorenz is 174 cm.
