Statistics Colloquium
February 10 (Fri) 10 a.m.
Alavi Commons Room, 6625 Everett Tower

Mathematical formulation of poverty index

Dr. Chandra Putcha, Professor
Department of Civil Engineering
California State University

There are people with different economic levels in any society in the world. The economic range will vary from household to household, society to society and from country to country. The economic level of a household will depend on the income and the inherent wealth of that family. This implies that once the household income drops below an acceptable level (depending on the country), then that family can be considered as poor. Obviously, the definition of “poor” would vary from country to country”. A person/family considered “poor” in a developed country like USA or U.K. may not be poor in an underdeveloped country. The ideal situation is to eradicate poverty completely. While this is not possible, the aim should be at least reduce the poverty. For this it is important to first define the human poverty index or simply poverty index. This paper suggests a simple and new model different than the existing models. The model is then validated using some of the data from U.S. Census Bureau (2006) and data from Health & Human Services (2007). Application of optimization principles to poverty index has also been illustrated.

All statistics students are expected to attend.


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Department of Statistics
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