Relation To Other Statistical Measures
Gini coefficient closely related to the AUC (Area Under receiver operating characteristic Curve) measure of performance. The relation follows the formula Gini coefficient is also closely related to Mann–Whitney U.
Gini index is also related to Pietra index - both of which are a measure of statistical heterogeneity and are derived from Lorenz curve and the diagonal line.
In certain fields such as ecology, Simpson's index is used, which is related to Gini. Simpson index scales as mirror opposite to Gini; that is, with increasing diversity Simpson index takes a smaller value (0 means maximum, 1 means minimum heterogeneity per classic Simpson index). Simpson index is sometimes transformed by subtracting the observed value from the maximum possible value of 1, and then it is known as Gini-Simpson Index.
Read more about this topic: Gini Coefficient
Famous quotes containing the words relation to, relation and/or measures:
“The proper study of mankind is man in his relation to his deity.”
—D.H. (David Herbert)
“Concord is just as idiotic as ever in relation to the spirits and their knockings. Most people here believe in a spiritual world ... in spirits which the very bullfrogs in our meadows would blackball. Their evil genius is seeing how low it can degrade them. The hooting of owls, the croaking of frogs, is celestial wisdom in comparison.”
—Henry David Thoreau (1817–1862)
“Those who, while they disapprove of the character and measures of a government, yield to it their allegiance and support are undoubtedly its most conscientious supporters, and so frequently the most serious obstacles to reform.”
—Henry David Thoreau (1817–1862)