A note on the calculation of entropy from histograms
Kenneth Wallis ()
MPRA Paper from University Library of Munich, Germany
An expression for the entropy of a random variable whose probability density function is reported as a histogram is given. It allows the construction of time series of entropy from responses to density forecast surveys such as the US Survey of Professional Forecasters or the Bank of England Survey of External Forecasters, where the questionnaire provides histogram bins whose width changes from time to time.
Keywords: Entropy; histograms (search for similar items in EconPapers)
JEL-codes: C1 (search for similar items in EconPapers)
References: Add references at CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed
Downloads: (external link)
https://mpra.ub.uni-muenchen.de/52856/1/MPRA_paper_52856.pdf original version (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:52856
Access Statistics for this paper
More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().