The Lorenz Curve

[@rakeshkumar-td7ed]

Nice presentation Easy to understand. Tnx......

[@rockstarrrize]

Best Teacher Evwe

[@NubKi11a]

Thanks a lot, perfect explanation

[@apoorv1705]

Smoothly explained.. Thanks!!

[@claragary]

Thanks.

[@renezahtantang5399]

Please why can the lorenz curve not lie to the left of the diagonal at any point?

[@ludosophist]

@cinqueottavi China during the Great Leap Forward. No that's just rhetoric, it's a good question.

[@katlegoleballo5061]

Dankie Ecos 😂👍

[@Rabolisk]

Does the area between the curve and dotted line mathematically significant.

[@macha3191]

It's the integral from 0 to 1 of x - f(x) where f(x) is the Lorenz curve. That divided by the area under the perfect inequality line (which is 1/2) is the Gini coefficient.

[@cinqueottavi]

Hi Jodie Is there any economy with a straight line and no Lorenz Curve?

[@jcbonilla09]

Thank you! easy to understand.....I bit distracted by the cute instructor though...:)

[@voodooshizzle]

So Karen makes 100k per year, Danny makes 50k per year. Income disparity 50k. They both DOUBLE their salary. FANTASTIC right? But now the income disparity is 100k. So I guess that is bad right?

[@KramLaFup]

@cinqueottavi the Federation from Star Trek :)

[@paulmurphy42]

Ok that's a very clear explanation, well done and thank you. But why is it called a "Lorenz" curve when, it seems to me, it's just a fairly ordinary kind of graph? Who/what was Lorenz..?

[@kanishkvashisht3132]

paulmurphy42 max lorenz began plotting data like this. wiki him.

[@chedbeckford8067]

Hell yeah you are smart and attractive, beats looking at my teacher all day and not learning anything, thank you very much

[@KHOBOR18]

Hii...jaan After 3 years

[@johnm5046]

I think if you did it "Bikini Math" your vids would go viral

[@MadSpiProductions]

what the fuck is wrong with you man