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Appropriate lorenz curve for distribution

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Reference no: EM131050995

Suppose in Oklahoma we observe the following data on the distribution of income:

1

3

2

11

3

19

4

27

5

40

1. Draw the appropriate Lorenz curve for this distribution

2. Fully explain at least four of the major contributing factors that led to this observed distribution.

Reference no: EM131050995

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