Suppose I have a dataset with three columns,
turnover, market, count, and turnover is the range of turnover in EUR. Something like:
Turnover Market Count turnover_0 Finland 6621 turnover_0_500 Finland 3172 turnover_500_1000 Finland 297 turnover_1000_2500 Finland 260 turnover_2500_5000 Finland 122 turnover_5000+ Finland 26180
5000+ EUR takes the larger number of individuals earning within that range. What is a good method to choose appropriate ranges? For example, values between
500-5000 are low, and below 1000 combined.