gd_compute_dist_stats: Computes distributional statistics (grouped)

In PIP-Technical-Team/wbpip: What the Package Does (One Line, Title Case)

Computes distributional statistics (grouped)

Description

Compute distributional statistics for grouped data by selecting the best functional fit for the Lorenz curve (either beta or quadratic).

Usage

gd_compute_dist_stats(welfare, population, mean, p0 = 0.5)

Arguments

welfare	numeric: Cumulative proportion of welfare held by that proportion of the population (Lorenz Curve).
population	numeric: Cumulative proportion of population.
mean	numeric: Welfare mean.
p0	numeric: TO BE DOCUMENTED.

Value

list

Examples

# Compute distributional statistics
res <- wbpip:::gd_compute_dist_stats(
 welfare = grouped_data_ex2$welfare,
 population = grouped_data_ex2$weight,
 mean = 50)

PIP-Technical-Team/wbpip documentation built on Nov. 29, 2024, 6:57 a.m.