
In economics, the Lorenz curve is a graphical representation of the
cumulative distribution function of a
probability distribution; it is a
graph showing the proportion of the distribution assumed by the bottom
y% of the values. It is often used to represent
income distribution, where it shows for the bottom
x% of households, what percentage
y% of the total income they have.
source: http://ingrimayne.com/econ/AllocatingRationing/Figure6.5.gif
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