Tag Archives: AUC

Recently, my sister asked the best way to produce some illustrative Lorenz curves for an essay she was writing. Now, I had heard of Lorenz curves but I had no idea what they actually were. Buckle-up for our first mathematical adventure! Enter Max O. Lorenz, creator of the Lorenz curve, mostly interested in railways andContinue reading “LORENZ CURVES: Measuring Inequality.”