December 2018
Beginner to intermediate
226 pages
7h 59m
English
The Theil index is another commonly used inequality measure. It's named after a Dutch econometrician, Henri Theil, and it's a special case of the family of inequality measures called generalized entropy measures. It can be defined as the difference between the maximum entropy and observed entropy.
We calculate the Theil index for our meta learning setting as follows:
