How do I convert a point layer into multiple polygons? Ideally each polygon would take into account the weight of each point.

EDIT: Just to clarify my intention. I have a layer with 2,000 points. I want to end up with a polygon layer which has three polygons where each polygon covers the area of 1/3 of those points.

Message was edited by: Roberto DeDeus

You could Using graduated symbols—Help | ArcGIS for Desktop

or you could buffer each point based on the field Buffer—Help | ArcGIS for Desktop

And for density you'll want

Point Density—Help | ArcGIS for Desktop

or

Kernel Density—Help | ArcGIS for Desktop

EDIT:

i missed Using proportional symbols—Help | ArcGIS for Desktop