Diversity Index

From Open Risk Manual

Definition

A diversity index is any Mathematical Expression (function) that converts a distribution of observed values into a single number expressing the prevalence (Concentration) of certain observations amongst the total set.

Diversity indexes are closely associated with concentration indexes and similar concepts have been re-invented and named differently in various fields[1]

See Also

Notes

  1. The enumeriation of diversity indexes is done within the concentration index entry

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