Lorenz curve
Appearance
English
[edit]Etymology
[edit]Named after American economist Max Lorenz (1876–1959), who developed this in 1905.
Noun
[edit]Lorenz curve (plural Lorenz curves)
- (economics) A graph that shows the proportion of overall income or wealth of the bottom percentage of people, often used to represent economic inequality.
See also
[edit]Further reading
[edit]- Lorenz curve on Wikipedia.Wikipedia