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Lorenz curve. In economics, the Lorenz curve is a graphical representation of the distribution of income or of wealth. It was developed by Max O. Lorenz in 1905 for representing inequality of the wealth distribution. The curve is a graph showing the proportion of overall income or wealth assumed by the bottom x % of the people, although this is ...
The formula was defined by Jeff Tupper and appears as an example in Tupper's 2001 SIGGRAPH paper on reliable two-dimensional computer graphing algorithms. [1] This paper discusses methods related to the GrafEq formula-graphing program developed by Tupper. [2] Although the formula is called "self-referential", Tupper did not name it as such. [3]
The Elephant Curve. The Elephant Curve, also known as the Lakner-Milanovic graph or the global growth incidence curve, is a graph that illustrates the unequal distribution of income growth for individuals belonging to different income groups. [1] The original graph was published in 2013 and illustrates the change in income growth that occurred ...
Economics. In economics, the Gini coefficient (/ ˈdʒiːni / JEE-nee), also known as the Gini index or Gini ratio, is a measure of statistical dispersion intended to represent the income inequality, the wealth inequality, or the consumption inequality [3] within a nation or a social group. It was developed by Italian statistician and ...
The tool comes pre-programmed with 36 different example graphs for the purpose of teaching new users about the tool and the mathematics involved. [15] As of April 2017, Desmos also released a browser-based 2D interactive geometry tool, with supporting features including the plotting of points, lines, circles, and polygons.
Theil index. The Theil index is a statistic primarily used to measure economic inequality [1] and other economic phenomena, though it has also been used to measure racial segregation. [2][3] The Theil index TT is the same as redundancy in information theory which is the maximum possible entropy of the data minus the observed entropy.
The following tables provide a comparison of computer algebra systems (CAS). [1] [2] [3] A CAS is a package comprising a set of algorithms for performing symbolic manipulations on algebraic objects, a language to implement them, and an environment in which to use the language.
Atkinson index. The Atkinson index (also known as the Atkinson measure or Atkinson inequality measure) is a measure of income inequality developed by British economist Anthony Barnes Atkinson. The measure is useful in determining which end of the distribution contributed most to the observed inequality. [1]