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Lorenz curve
(redirected from Lorenz Diagram)

   Also found in: Financial, Wikipedia 0.01 sec.
Lorenz curve [′lȯr‚ens ‚kərv]
(statistics)
A graph for showing the concentration of ownership of economic quantities such as wealth and income; it is formed by plotting the cumulative distribution of the amount of the variable concerned against the cumulative frequency distribution of the individuals possessing the amount.


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4) The Lorenz Diagram gives a visual representation of inequality and concentration in a single graph.
 
 
 
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