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Normalization usually means to scale a variable to have a value between 0 and 1, while standardization transforms data to have a mean of zero and a standard deviation of 1. This standardization is called a z-score, and data points can be standardized with the following formula: A z-score standardizes variables.
The goal of normalization is to change the values of numeric columns in the dataset to a common scale, without distorting differences in the ranges of values. For machine learning, every dataset does not require normalization. It is required only when features have different ranges.
The Importance of Data Normalization gets rid of a number of anomalies that can make analysis of the data more complicated. Without it, a company can collect all the data it wants, but most of it will simply go unused, taking up space and not benefiting the organization in any meaningful way.
In statistics, “normalization” refers to the transformation of arbitrary data into a standard distribution, typically a normal distribution with a mean of 0 and variance of 1. In Microsoft Excel, normalization involves a few simple calculations.
Normalizing a vector most often means dividing by a norm of the vector. It also often refers to rescaling by the minimum and range of the vector, to make all the elements lie between 0 and 1 thus bringing all the values of numeric columns in the dataset to a common scale.
The usual way to “normalize” a normal distribution is to subtract the expected value of the population from each sample and then divide the result by the population standard deviation. The resulting “normalized” samples come a standard normal distribution (i.e. a normal with mean of zero and standard deviation of one).
Normalization is useful when your data has varying scales and the algorithm you are using does not make assumptions about the distribution of your data, such as k-nearest neighbors and artificial neural networks. Standardization assumes that your data has a Gaussian (bell curve) distribution.
Normalization. Scaling just changes the range of your data. The point of normalization is to change your observations so that they can be described as a normal distribution.

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