Measures of Dispersion — Economics STD 11 Commerce — Question
CBSE BoardEnglish MediumSTD 11 CommerceEconomicsMeasures of Dispersion1 Mark
Question
What do you understand by 'line of equal distribution'?
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Answer
In a Lorenz curve, the points corresponding to (0, 0) and (100, 100) are joined in such a way that the line joining them makes an angle of 45° with the X-axis. This line is the 'line of equal distribution'.
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