Exercise 8.20

Redraw the Lorenz curve of per capita total expenditures, now using NCH0612 as the aggregating weight, and compare it to the concentration curve of PUBPRIM using the same aggregating weight.

Answer

STEP 1: Use the DAD Application: CURVES|LORENZ CURVE

 

  • After choosing the appropriate variable(s), click on  the button GRAPH.

STEP 2: Use the DAD Application: CURVES|CONCENTRATION CURVE

  • After choosing the appropriate variable(s) and parameters, click on the GRAPH button.

 

RESULTS