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A country's education index is calculated with the following formula: [1] = +, expected years of schooling, is a calculation of the number of years a student is expected to attend school, or university.
The new Education Index (since the 2010 HDR) is calculated as the simple geometric average of two indicators: mean years of schooling and the expected years of schooling (UNDP, 2010, 2011). Past versions of the Education Index differed from the current one in all three key issues: indicators, weights, and functional form (UNDP, 2009).
2 paź 2024 · The formula to calculate the Education Index is: \[ \text{Education Index} = \frac{\left(\frac{\text{Mean Years of Schooling}}{\text{Max Mean Years of Schooling}} + \frac{\text{Expected Years of Schooling}}{\text{Max Expected Years of Schooling}}\right)}{2} \]
In this short tutorial we will discuss on how to calculate the Education Index (EI) from the indexes of mean years of schooling and expected years of schooling in a simple step-by-step procedure explained with a neat example using pictures.
The formula for the Education Index is as follows: Education Index = (1/3) * (Mean Years of Schooling Index + Expected Years of Schooling Index + Adult Literacy Index) The Mean Years of Schooling Index is calculated as (Mean years of schooling – 0) / (15 – 0), where 15 represents the highest attainable years of schooling.
For the education dimension, equation 1 is first applied to each of the two indicators, and then the arithmetic mean of the two resulting indices is taken. Using the arithmetic mean of the two education indi-ces allows perfect substitutability between expected years of schooling and mean years of schooling, which
It measures the average achievements in a country in three basic dimensions of human development: a long and healthy life, access to knowledge and a decent standard of living. The HDI is the...
