The Lorenz curve is a graphical representation of wealth or income distribution. It is used to calculate the Gini coefficient, a measurement of wealth inequality.

Key Takeaways A sine wave is an S-shaped waveform defined by the mathematical function y = sin x. It is depicted graphically as two semi-circular curves that alternate above and below a center line.

A graphing calculator is a handheld device or online tool designed to plot graphs, solve complex equations, and perform advanced mathematical calculations. Unlike basic calculators, it has a larger ...