I'm writing about income distribution, and every time the wealth of a group doubles, the size of the group decreases with two-thirds.
So when there are 24,000 people that earn 400,000$....
There are 8,000 people that earn 800,000$.
I want to know the formula, so I can plot it in a graph and calculate stuff like "how many people earned more than 1,000,000' and 'how much does the richest guy earn'. Could you help me?
Thanks for the help! :D
I've posted this in the 'advice center' and asked the INTJs too. Sorry for the spam, but I really need an answer and I wonder where the mathematicians are.