Log scale turns “multiplying income” into “adding distance” on the x-axis, so spread at high incomes looks less compressed.
1. What does an income histogram display on its axes for European incomes in the standard version?
2. How does a log-income histogram differ from a standard income histogram?
3. What does a density plot of income show?
Income histogram — purpose?
Shows frequency of income intervals.
Log income — effect?
Compresses high-income spread visually.
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