Equality measures

Equality measures

Gini coefficient and Hoover index

Using the “A : B” notation (for example, 0.8:0.2) and with A + B = 1, inequality measures like the Gini index (G) and the Hoover index(H) can be computed. In this case both are the same.
H=G=|2A-1|=|1-2B|
A:B=(1+H/2):(1-H/2)

Theil index

The Theil index is an entropy measure used to quantify inequalities. The measure is 0 for 50:50 distributions and reaches 1 at a Pareto distribution of 82:18. Higher inequalities yield Theil indices above 1.[22]
Tt=Tl=Ts=2H arctanh(H)
Eisenhower method is a principle you can use to improve the way you prioritize your tasks.
This time management technique evaluates each of your given tasks accordingly.
All of your tasks are analyzed and grouped together by using ―quadrants‖ of four sections:
1. Urgent and Important – 1st Priority
2. Not Urgent but Important – 2nd Priority
3. Urgent but Not Important – 3rd Priority
4. Not Urgent and Not Important – 4th Priority