I am new to using ArcGIS and Geostatistics, so please forgive what is probably a very basic question.
I have a dataset about loan-location and lender. It is basically set up as;
ID Lat Long Loan-Amount Lender-ID
1 xxx xxx 10,000 Random Bank ID 1
2 xxx xxx 3,400 Random Bank ID 2
I want to analyze whether there is geographic clustering of lenders. That is, whether some lenders lend more in some parts of a city than we would expect if each loan was made by a random lender.
I have thought about using Moran's I, with Lender-ID as the input field, but this is not correct, since the magnitude of lender-ID has no meaning.
Any advice would be appreciated.
