# Concentration Index versus Diversity Index

From Open Risk Manual

## Concentration Index versus Diversity Index

Concentration indexes and diversity indexes are related families of metrics that aim to assess the prevalence of some category within a broader set.

## Discrete versus Continuous data sets

The main different between a concentration index and a diversity index is in the nature of the statistical observations that are used as input data for the index calculation. There are two possible starting points for input data:

- The population attributes used as observations are discrete (See Categorical Variable)
- Observations are numerical (See Numerical Variable), typically continuous and summable

## Examples

- Discrete: For example is the proportion of individuals in a population with total count N that belongs to Category i. A number of indexes used in diversity studies (Abundance, Richness, Margalev's, Menhinick’s diversity indexes) are based on such species counts.
- Numerical For example is a range of observations of some continuous quantity E such as risk Exposure or income. Such data will typically converted into weights