What is standardization (statistics)?
12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Standardization is a statistical process in which a given set of numbers is converted into a new set of numbers that all have the same mean and standard deviation. The newly generated set of numbers is called standardized data. It is often used to compare different sets of data or to put data into a more homogeneous format.