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Dear all,
I should highly appreciate it if some one could advice
me on how to do with this issue: I have been trying to
categorise a continuous variable which is the total
assets of a 295 company. The problem is that there are
few clusters (of very few firms each) located a way
from the highest percentiles. What I meant is that
there is a huge gap between the very large ones and
few others in the middle of the range the very vast
majority of the sample. This made the categorisation
quite cumbersome. If you were interested to know more
abut the variable, the following are some of the most
informative statistics.
Minimum: $3.453 Million, Maximum: 207410 M, (huge
range of 207407), Mean: 5019.6 M, Std. deviation:
21.367. On the other hand percentiles where: 50th:
306.4 M, 75th: 1155, 90th: 6482 and finally the 95th:
18314
Thank you,
Stephen
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