If L(p) is the Lorenz curve associated with the random variable X, show that |X d. L(p)
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If L(p) is the Lorenz curve associated with the random variable X, show that
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|X d. L(p) E[X]
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To show that EXX EX we can use the CauchySchwarz inequality The CauchySchwarz i...View the full answer
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