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
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.
suavcho 2 years ago