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The Elephant Curve, also known as the Lakner-Milanovic graph or the global growth incidence curve, is a graph that illustrates the unequal distribution of income growth for individuals belonging to different income groups. [1] The original graph was published in 2013 and illustrates the change in income growth that occurred from 1988 to 2008.
Bernoulli's inequality can be proved for case 2, in which is a non-negative integer and , using mathematical induction in the following form: we prove the inequality for {,}, from validity for some r we deduce validity for +.
Proof [2]. Since + =, =. A graph = on the -plane is thus also a graph =. From sketching a visual representation of the integrals of the area between this curve and the axes, and the area in the rectangle bounded by the lines =, =, =, =, and the fact that is always increasing for increasing and vice versa, we can see that upper bounds the area of the rectangle below the curve (with equality ...
Jensen's inequality generalizes the statement that a secant line of a convex function lies above its graph. Visualizing convexity and Jensen's inequality. In mathematics, Jensen's inequality, named after the Danish mathematician Johan Jensen, relates the value of a convex function of an integral to the integral of the convex function.
Markov's inequality (and other similar inequalities) relate probabilities to expectations, and provide (frequently loose but still useful) bounds for the cumulative distribution function of a random variable. Markov's inequality can also be used to upper bound the expectation of a non-negative random variable in terms of its distribution function.
A complete handout about the Lorenz curve including various applications, including an Excel spreadsheet graphing Lorenz curves and calculating Gini coefficients as well as coefficients of variation. LORENZ 3.0 is a Mathematica notebook which draw sample Lorenz curves and calculates Gini coefficients and Lorenz asymmetry coefficients from data ...
Unanswered questions remain about a fatal shooting at a Madison, Wisconsin, private school as new details emerge about the shooter’s family life and possible ties to a California man who ...
Two-dimensional linear inequalities are expressions in two variables of the form: + < +, where the inequalities may either be strict or not. The solution set of such an inequality can be graphically represented by a half-plane (all the points on one "side" of a fixed line) in the Euclidean plane. [2]