Fig. 1: Plot of expenditure C(y) against total rescaled income y for 2004 Indian data26. | Nature Communications

Fig. 1: Plot of expenditure C(y) against total rescaled income y for 2004 Indian data26.

From: A social engineering model for poverty alleviation

Fig. 1

The dots represent actual data while the solid line is extrapolation using the formula C(y) = Vy/(K + y), where V = 143.53, K = 263.6. This Engel curve fits perfectly with the data and validates the machine learned stochastic model.

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