When one has a continuous variable and then cuts it into bins (discretization) and correlates it with some other variable, the observed correlation is biased downwards to some extent. The extent depends on the cut-off value(s) used and the number of bins. Normally, one would use
Correcting for n-level discretization?
Correcting for n-level discretization?
Correcting for n-level discretization?
When one has a continuous variable and then cuts it into bins (discretization) and correlates it with some other variable, the observed correlation is biased downwards to some extent. The extent depends on the cut-off value(s) used and the number of bins. Normally, one would use