"curve" in inglés with examples - Collocation dictionary inglés
- Sometimes the entire Lorenz curve is not known, and only values at certain intervals are given.
- Points on the Lorenz curve represent statements like "the bottom 20% of all households have 10% of the total income."
- For an example of a Lorenz curve, see Pareto distribution.
- A Lorenz curve always starts at (0,0) and ends at (1,1).
- The Lorenz curve is not defined if the mean of the probability distribution is zero or infinite.
- The Lorenz curve for a probability distribution is a continuous function.
- The Lorenz curve cannot rise above the line of perfect equality.
- If the variable being measured cannot take negative values, the Lorenz curve:
- The Lorenz curve is invariant under positive scaling.
- The distribution of income within a community may be represented by the Lorenz curve.
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