Hi there,
the association analysis tool is tremendously useful for undersanding if there is a strong correlation relationship between continuous variables and your target continuous target variables.
Is there a similar tool (aside from actually performing the regression analysis itself) that operates on categorical variables? For example - looking to see if there is any correlation between age expectancy and:
- zip code that the person lives in
- their surname
- highest level of education
what would be the right predictive tool to do this, and if one doesn't exist - would it make sense to submit this as an idea?
Thank you
Sean