Question

3. Represent the following information in a Lorenz curve. Make sure that the diagram is correctly...

3. Represent the following information in a Lorenz curve. Make sure that the diagram is correctly labeled.

Bottom Fifth

Second Fifth

Third Fifth

Fourth Fifth

Top Fifth

3.8

9.3

15.1

23

48.9
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Answer #1

Cumulative % of population (x-axis) Cumulative % of income (y-axis)
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20 3.8
40 13.1
60 28.2
80 51.2
100 100

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