Theil's T index

GPTKB entity

Statements (20)
Predicate Object
gptkbp:instanceOf statistical analysis
inequality index
gptkbp:alternativeName mean log deviation (MLD)
gptkbp:decomposable true
gptkbp:domain economics
statistics
gptkbp:form T = (1/N) * Σ (yi/ȳ) * ln(yi/ȳ)
gptkbp:higherValueInterpretation greater inequality
https://www.w3.org/2000/01/rdf-schema#label Theil's T index
gptkbp:minimumPressure 0
gptkbp:minimumValueInterpretation perfect equality
gptkbp:namedAfter gptkb:Henri_Theil
gptkbp:range [0, ∞)
gptkbp:relatedTo gptkb:Theil_index
gptkb:organization
Gini coefficient
Theil's L index
gptkbp:usedFor measuring economic inequality
gptkbp:bfsParent gptkb:Theil_index
gptkbp:bfsLayer 7