Theil index

The Theil index is a statistic primarily used to measure economic inequality and other economic phenomena, though it has also been used to measure racial segregation. The Theil index TT is the same as redundancy in information theory which is the maximum possible entropy of the data minus the observed entropy.

Source: Wikipedia — Theil index (CC BY-SA 4.0)

Theil index

The Theil index is a statistic primarily used to measure economic inequality and other economic phenomena, though it has also been used to measure racial segregation. The Theil index TT is the same as redundancy in information theory which is the maximum possible entropy of the data minus the observed entropy.

Source: Wikipedia "Theil index" · CC BY-SA 4.0

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