Lorenz curve

Lorenz curve

Bachelor of Business Studies (BBS) — First Year

Subject: Business Statistics (MGT 202)

Unit 4: Measures of Dispersion

Academic Year: 2083/84

Topic Objectives

After studying this topic, students should be able to:

• Explain the scope and key elements of lorenz curve.
• Select suitable statistical procedures, carry out calculations and interpret business results.

Curriculum Scope

• Lorenz curve

Detailed Microsyllabus

1. Lorenz-curve construction

   1. Order observations by the characteristic studied.
   2. Calculate cumulative shares of units and totals.
   3. Plot the distribution against the line of equal shares.

2. Interpretation

   1. Degree of concentration illustrated by the curve.
   2. Business examples involving sales, income or asset concentration.
   3. Limitations of comparing curves that cross or use different definitions.

---

Curriculum reference: Tribhuvan University, Faculty of Management, BBS curriculum with first-year syllabus, PDF pages 14-16.

Source note: The curriculum scope above is retained from the existing TU syllabus breakdown. The numbered study subtopics are editorial elaborations for teaching and study, rather than a separately issued TU syllabus. Unit lecture hours apply to the whole unit; no separate topic hours or marks are assigned here.