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  • Lorenz Curve

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    Mechaella Shella Ningal Apolinario
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    The document contains data on the daily income distribution in two countries. In Country A, 64% of workers earn less than $300 daily and 92% earn less than $400. The highest income bracket of $400-500 contains 1 worker, accounting for 4% of the total workforce. In Country B, 64% earn less than $300 and 92% earn less than $400 as well. However, the lowest income bracket accounts for 32% of workers in Country B compared to 60% in Country A.

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    lorenz curve

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    The document contains data on the daily income distribution in two countries. In Country A, 64% of workers earn less than $300 daily and 92% earn less than $400. The highest income bracket of $400-500 contains 1 worker, accounting for 4% of the total workforce. In Country B, 64% earn less than $300 and 92% earn less than $400 as well. However, the lowest income bracket accounts for 32% of workers in Country B compared to 60% in Country A.

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    © All Rights Reserved
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    6 views1 page

    Lorenz Curve

    Uploaded by

    Mechaella Shella Ningal Apolinario
    The document contains data on the daily income distribution in two countries. In Country A, 64% of workers earn less than $300 daily and 92% earn less than $400. The highest income bracket of $400-500 contains 1 worker, accounting for 4% of the total workforce. In Country B, 64% earn less than $300 and 92% earn less than $400 as well. However, the lowest income bracket accounts for 32% of workers in Country B compared to 60% in Country A.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    Country A

    Daily Income Average Income Cummulative Income Cummulative Income (in%) No. of Workers Cummulative No. In Person Cummulative No. In Person (in %)
    0-100 50 50 4 15 15 60
    100-200 150 200 16 6 21 84
    200-300 250 450 36 2 23 92
    300-400 350 800 64 1 24 96
    400-500 450 1250 100 1 25 100

    Country B
    Daily Income Average Income Cummulative Income Cummulative Income (in%) No. of Workers Cummulative No. In Person Cummulative No. In Person (in %)
    0-100 50 50 4 8 8 32
    100-200 150 200 16 7 15 60
    200-300 250 450 36 5 20 80
    300-400 350 800 64 3 23 92
    400-500 450 1250 100 2 25 100

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