Alert icon
We're changing our privacy policy. This stuff matters.  Learn more  Dismiss

Lorenz Curves and the Gini Coefficient

Loading...

Sign in or sign up now!
Alert icon
Upgrade to the latest Flash Player for improved playback performance. Upgrade now or more info.
3,219
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on Jul 10, 2009

http://demonstrations.wolfram.com/LorenzCurvesAndTheGiniCoefficient/

The Wolfram Demonstrations Project contains thousands of free interactive visualizations, with new entries added daily.

The Lorenz curve is a measure of the distribution of wealth (or income or other factors) in a society. The x value of the curve corresponds to a percentile of the population ordered according to the characteristic in question. The y value of the curve r...

Contributed by: Seth J. Chandler

  • likes, 5 dislikes

Link to this comment:

Share to:
see all

All Comments (1)

Sign In or Sign Up now to post a comment!
  • This video shows us how cool Wolfram is.

    I suggest you put some explanatory notes because not everyone has heard of beta, gamma, Pareto distribution, not to mention Gini Coefficient and Lorenz Curve.

    Where have you mentioned that this measures the inequality of income distribution? Or what gives, if the Gini coefficient is closer to 0, or closer to 1?

    I could write it all, but it's your video, after all.

Loading...

Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more