Wow this helped me so much with my econ policy problem set because I had no idea how to do this on excel!!!! you're a true lifesaver :) thank you professor!
missjmc512 you are very welcome. I created that short video several years ago to help my students with a project similar to yours. I am surprised how many people have watched it.
Thank you so much!! I’m Korean high school student and I had trouble with lorenz curve for 2 months I finally made it after your class! I really appreciate you!
@@arnoldhite In actually neither do we, but my group and I wanted to make a survey in our city for calculating the Gini's coefficient and make the lorenz curve of the sample.
Hello, I am not sure I understand your question. Perhaps your question is a political statement. Why spend time and energy analyzing income inequality? Instead we should focus on how to make workers more productive . After all, income is just a reflection of productivity. If this is your point, I completely agree. I do not know why there is so much interest in the Lorenz Curve. But, perhaps your question is more mechanical about how I got the original income numbers. I just made them up as an example. In the U.S. you can find income grouping in the census data. Almost all countries have similar data if you want to produce an actual Lorenz Curve.
Thanks so very much...9yrs ago and I'm still here...wishing you good health and may your wishes be fulfilled.
Wow this helped me so much with my econ policy problem set because I had no idea how to do this on excel!!!! you're a true lifesaver :) thank you professor!
missjmc512
you are very welcome. I created that short video several years ago to help my students with a project similar to yours. I am surprised how many people have watched it.
Words can not describe the gratitude I'm feeling right now
Thank you so much!!
I’m Korean high school student and I had trouble with lorenz curve for 2 months
I finally made it after your class! I really appreciate you!
You are very welcome.
Was just eyeballing this as i did my assignment, it was quite helpful.
Thanks.
Thank you Sir, for this. It's very simple and easy to understand.
Simplest explanation Ive seen! So effective! thanks!
really good. helped with my university coursework
Its 2024 and this is still useful!
You seem like the nicest person ever
You saved my butt, sir. Thanks a lot!!!
Thanks for sharing this video.
Thank you sir, this really helped me with my project of statistics in my 4th semestre of undergrade
You are very welcome. I teach statistics. But, I my university we do not cover the Lorenz Curve in the statistics class.
@@arnoldhite In actually neither do we, but my group and I wanted to make a survey in our city for calculating the Gini's coefficient and make the lorenz curve of the sample.
THANKS ARNOLD, IT WAS VERY CLEAR AND USEFUL
Sir, please upload a video on calculations related to gini coefficient
This is great! Very Helpful.
I appreciate you from Korea. Thanks
Thank you very much, Arnold.
I am thai i am very proud of you 2023 goodgood
Thanks a lot!! From Portugal !
This was really helpful. Thank you
Would be great to get instructions for Gini koeficient calcullations allso.
Videos like this one puts purpose to youtube
Thank you very much, this was very helpful for my final project!
You save my exam thank you very very much
Thank you sor, for this. explanation.
GREAT Video!! :)
What if one income is negative? Thanks
Thanks, Sir. It was informative
excelent .. meuu amigo aim from brasil
Thank you, just what I neede too understad Lorentz curvs
Thanks!! This helped a lot with my math report!
This was an awesome explanation, thank you so much!
i'm so grateful....
Thank you very much for a very good explanation!
Just hit a like!Very helpful!
You are a star my friend! Ty!! :)
Short and simple. Thank you!
saved my life
What an amazing tutorial
How do you generate those incomes, not just graph them?
Hello, I am not sure I understand your question. Perhaps your question is a political statement. Why spend time and energy analyzing income inequality? Instead we should focus on how to make workers more productive . After all, income is just a reflection of productivity. If this is your point, I completely agree. I do not know why there is so much interest in the Lorenz Curve. But, perhaps your question is more mechanical about how I got the original income numbers. I just made them up as an example. In the U.S. you can find income grouping in the census data. Almost all countries have similar data if you want to produce an actual Lorenz Curve.
you didnt mention the order. income should be in ascending order
I see what was confusing. When you labeled the percent population. It is really the percent of cumulative population. That needs correcting.
Thanks! This was a big help.
easy to understand, thank you sir
Thank you so much, highly appreciated
Great video, thank you!
Thank you very muchfor this tutorial, it was really useful ;)
saving my butt even in the future ...2020!
WHAT it is pop. And Inc?
Thank you so much...The video is clear and...I could do it myself :-)
gooood vert good
this saved my ass, thanks so much
Thank you so much!
Something is wrong when 100 percent of the people make 150,000. Please explain asap.
great explanation! thank you
Thank you, sir!
Thank you very much!! I'd like to be one of your students :)
Thank you for this video!
thank u bro
Thank you Bill Clinton 🙏
Thank you very much!
Thank you, thank you and thank you:)
Thank..you..so much...
Thank you so much ❤❤❤
Thank you so much from Spain, heh
Lots of thanks!!
Many thanks
Thank you
Thank you!
Thanks
thank you so much
Thanks so much.
thanks mate
Thank you! :D
thanks a lot
Thank you!!!
THANK YOU!!!!
Thanks!!
THANKS !!!!!
i cant see nothing tho :/
Noy much complicated I juzz dun imterest im it sometimes I edited my post.
Thanks (Y)
thanks!!!!!!!!!!!!!!!!!!!!!
thank you so much
thank you so much!
Thank you!