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Data preprocessing: Normalization & Standardization

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@shivali wrote:

Hi,

Today I was exploring concepts of Data preprocessing - Normalization and Standardization
I totally understand the math behind both concepts. I can transformed original data into normalized data for respected features correctly, like a Machine. However, I can’t explain these concepts to a layman.

My questions are,

  • What was the need/application of these concepts? Can we compare these methods?
  • How would you explain these to a layman?

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