The McLoone Index divides the summation of all observations below the median, by the median multiplied by the number of observations below the median.
Example:
number of employees --- salary
2 --- 1000
4 --- 200
6 --- 100
6 --- 60
8 --- 45
12 --- 24
In this example, the summation of observations below the median = 603, and the median = 45 Thus, the McLoone Index = 603/(45(19)) = .7053