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What is the Lorenz curve?What Is the Lorenz Curve? The Lorenz curve is a graphical tool used in economics and statistics to illustrate how income, wealth, or other resources are distributed across a population. It helps researchers, policymakers, and businesses understand the degree of inequality within a society. By comparing the actual distribution of income or wealth with a perfectly equal distribution, the Lorenz...0 Comments 0 Shares 2K Views 0 Reviews