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A random variable $X$ is called continuous if its set of possible values is uncountable, and the chance that it takes any particular value is zero ($\text{P}(X = x) = 0$ for every real number $x$). A random variable is continuous if and only if its cumulative probability distribution function is a continuous function.

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I have a categorical predictor (income) and three continuous predictors (area, no. of bed rooms and no of cars). How can I form a single factor from these variables? In other words I want to combine a …
asked Aug 21 '14 by aruna r