Gini coefficient
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Hi IâÂÂm learning about inequality measures, there are several ways to calculate it and i understand all but 1.
$kappa = frac2E(X)$
IâÂÂm not sure what the second x means in the case of random variables.
Thanks for your help
gini
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up vote
1
down vote
favorite
Hi IâÂÂm learning about inequality measures, there are several ways to calculate it and i understand all but 1.
$kappa = frac2E(X)$
IâÂÂm not sure what the second x means in the case of random variables.
Thanks for your help
gini
1
Put$kappa = frac2E(X)$
to get $kappa = frac2E(X)$.... MathJax quick reference: math.meta.stackexchange.com/questions/5020/â¦
â Glen_bâ¦
4 hours ago
Thanks I edited my post
â Petra
16 mins ago
add a comment |Â
up vote
1
down vote
favorite
up vote
1
down vote
favorite
Hi IâÂÂm learning about inequality measures, there are several ways to calculate it and i understand all but 1.
$kappa = frac2E(X)$
IâÂÂm not sure what the second x means in the case of random variables.
Thanks for your help
gini
Hi IâÂÂm learning about inequality measures, there are several ways to calculate it and i understand all but 1.
$kappa = frac2E(X)$
IâÂÂm not sure what the second x means in the case of random variables.
Thanks for your help
gini
gini
edited 17 mins ago
asked 5 hours ago
Petra
555
555
1
Put$kappa = frac2E(X)$
to get $kappa = frac2E(X)$.... MathJax quick reference: math.meta.stackexchange.com/questions/5020/â¦
â Glen_bâ¦
4 hours ago
Thanks I edited my post
â Petra
16 mins ago
add a comment |Â
1
Put$kappa = frac2E(X)$
to get $kappa = frac2E(X)$.... MathJax quick reference: math.meta.stackexchange.com/questions/5020/â¦
â Glen_bâ¦
4 hours ago
Thanks I edited my post
â Petra
16 mins ago
1
1
Put
$kappa = frac2E(X)$
to get $kappa = frac2E(X)$.... MathJax quick reference: math.meta.stackexchange.com/questions/5020/â¦â Glen_bâ¦
4 hours ago
Put
$kappa = frac2E(X)$
to get $kappa = frac2E(X)$.... MathJax quick reference: math.meta.stackexchange.com/questions/5020/â¦â Glen_bâ¦
4 hours ago
Thanks I edited my post
â Petra
16 mins ago
Thanks I edited my post
â Petra
16 mins ago
add a comment |Â
1 Answer
1
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oldest
votes
up vote
3
down vote
The numerator of the Gini index is the expected value of the difference, in absolute value, between the earnings (if $x$ denotes earnings) of two random individuals in the population.
In mathematical terms, the expectation here is taken over two random variables $x$ and $x'$, taken as independent and identically distributed. If I rewrite the Gini with $x_1$ and $x_2$ for convenience, and if $F(.)$ denotes the cdf of these random variables:
$$
G = frac1E(X)int int |x_1 - x_2| dF(x_1) dF(x_2),
$$
where:
$$
E(X) = int x dF(x).
$$
You could find more information on the Wikipedia page of the Gini index.
1
See also, quite independently of income inequality and so forth, the ideas of $L$-moments.
â Nick Cox
4 hours ago
add a comment |Â
1 Answer
1
active
oldest
votes
1 Answer
1
active
oldest
votes
active
oldest
votes
active
oldest
votes
up vote
3
down vote
The numerator of the Gini index is the expected value of the difference, in absolute value, between the earnings (if $x$ denotes earnings) of two random individuals in the population.
In mathematical terms, the expectation here is taken over two random variables $x$ and $x'$, taken as independent and identically distributed. If I rewrite the Gini with $x_1$ and $x_2$ for convenience, and if $F(.)$ denotes the cdf of these random variables:
$$
G = frac1E(X)int int |x_1 - x_2| dF(x_1) dF(x_2),
$$
where:
$$
E(X) = int x dF(x).
$$
You could find more information on the Wikipedia page of the Gini index.
1
See also, quite independently of income inequality and so forth, the ideas of $L$-moments.
â Nick Cox
4 hours ago
add a comment |Â
up vote
3
down vote
The numerator of the Gini index is the expected value of the difference, in absolute value, between the earnings (if $x$ denotes earnings) of two random individuals in the population.
In mathematical terms, the expectation here is taken over two random variables $x$ and $x'$, taken as independent and identically distributed. If I rewrite the Gini with $x_1$ and $x_2$ for convenience, and if $F(.)$ denotes the cdf of these random variables:
$$
G = frac1E(X)int int |x_1 - x_2| dF(x_1) dF(x_2),
$$
where:
$$
E(X) = int x dF(x).
$$
You could find more information on the Wikipedia page of the Gini index.
1
See also, quite independently of income inequality and so forth, the ideas of $L$-moments.
â Nick Cox
4 hours ago
add a comment |Â
up vote
3
down vote
up vote
3
down vote
The numerator of the Gini index is the expected value of the difference, in absolute value, between the earnings (if $x$ denotes earnings) of two random individuals in the population.
In mathematical terms, the expectation here is taken over two random variables $x$ and $x'$, taken as independent and identically distributed. If I rewrite the Gini with $x_1$ and $x_2$ for convenience, and if $F(.)$ denotes the cdf of these random variables:
$$
G = frac1E(X)int int |x_1 - x_2| dF(x_1) dF(x_2),
$$
where:
$$
E(X) = int x dF(x).
$$
You could find more information on the Wikipedia page of the Gini index.
The numerator of the Gini index is the expected value of the difference, in absolute value, between the earnings (if $x$ denotes earnings) of two random individuals in the population.
In mathematical terms, the expectation here is taken over two random variables $x$ and $x'$, taken as independent and identically distributed. If I rewrite the Gini with $x_1$ and $x_2$ for convenience, and if $F(.)$ denotes the cdf of these random variables:
$$
G = frac1E(X)int int |x_1 - x_2| dF(x_1) dF(x_2),
$$
where:
$$
E(X) = int x dF(x).
$$
You could find more information on the Wikipedia page of the Gini index.
edited 4 hours ago
answered 5 hours ago
Roland
38115
38115
1
See also, quite independently of income inequality and so forth, the ideas of $L$-moments.
â Nick Cox
4 hours ago
add a comment |Â
1
See also, quite independently of income inequality and so forth, the ideas of $L$-moments.
â Nick Cox
4 hours ago
1
1
See also, quite independently of income inequality and so forth, the ideas of $L$-moments.
â Nick Cox
4 hours ago
See also, quite independently of income inequality and so forth, the ideas of $L$-moments.
â Nick Cox
4 hours ago
add a comment |Â
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1
Put
$kappa = frac2E(X)$
to get $kappa = frac2E(X)$.... MathJax quick reference: math.meta.stackexchange.com/questions/5020/â¦â Glen_bâ¦
4 hours ago
Thanks I edited my post
â Petra
16 mins ago