What are the four common methods for binning numerical predictors? Which of these are preferred? Use the following data set for Exercises 28–30: Exercises 28–30: Bin the data into three bins of equal...

What are the four common methods for binning numerical predictors? Which of these are preferred? Use the following data set for Exercises 28–30:

Exercises 28–30:

Bin the data into three bins of equal width (width=3).

Exercises 29

Bin the data into three bins of two records each.

Exercises 3.

Clarify why each of the binning solutions above are not optimal.