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In this video tutorial, we learn about normalizing and standardizing data using Microsoft Excel 2019. Normalization involves scaling numerical values to a specified range, typically from zero to one. This process can also be done for other ranges using multiplication. Excel 2019 does not have a built-in normalization function, but you can achieve it through manual formula entry. It is important to distinguish between normalization and standardization functions in Excel, as they serve different purposes. When normalizing, remember to scale values between zero and one for better understanding and analysis.