Question

What three independent variables could I use for geographical statistical model? Please give examples of how to use...PLEASE NOTE>>>I NEED 3 EXAMPLES>>such as POPULATION< INCOME>>ETC>>BECAUSE I AM NOT SURE....AND GIVE EXAMPLES STEP BY STEP HOW TO USE!!!

Answer 1

Geographic variables include territories such as nations, provinces, states, regions, countries, cities, or neighborhoods

Many times Geographical variables affect the variable of interest, so we need to include them into the model. For example, when predicting the sales of a perticular product or service, they get influences by Geographical variables, e.g. Country, sales may be different in the countries which are developed, developing and under developed. Then Region, Eastern US, Central US, Western Us, Canadian Prairies, Ohio, Utah, Ontario, etc. the sales would be different. Density may affect as the sales may differ in urban area, suburbun area and in rural area, another example would be

Before you can forecast your sales or determine if your idea can provide an opportunity, you're required to know the total number of people who potentially will buy your product or service. In summary, Geographic Segmentation is used to identify specific regions, city size, and densities.