Cumulative entropy and income analysis (Q2694036)
From MaRDI portal
!
This is the item page for this Wikibase entity, intended for internal use and editing purposes. Please use the normal view instead:
scientific article; zbMATH DE number 7668276
| Language | Label | Description | Also known as |
|---|---|---|---|
| default for all languages | No label defined |
||
| English | Cumulative entropy and income analysis |
scientific article; zbMATH DE number 7668276 |
Statements
Cumulative entropy and income analysis (English)
0 references
27 March 2023
0 references
The cumulative entropy for a non-negative absolutely continuous random variable \(X\) with distribution function \(F\) is defined as \({C_F} = - \int_0^{ + \infty } {F(x)\log F(x)dx} \). The authors consider relationships of the cumulative entropy and its quantile function with the income gap ratio, Lorenz curve, Gini index, Bonferroni curve, and Zenga using two real data sets -- the personal income per capita for 2019 of 58 counties in California and 11 counties in Arizona.
0 references
cumulative entropy
0 references
income gap ratio
0 references
Lorenz curve
0 references
Gini index
0 references
Bonferroni curve
0 references
Zenga curve
0 references
0 references
0.8037564158439636
0 references
0.7823160290718079
0 references
0.7804210186004639
0 references
0.7729273438453674
0 references
0.7648041248321533
0 references
