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In this video, we will learn about normalizing and standardizing data in Excel. Normalization involves scaling numerical values to a specified range, typically between zero and one. This process can be done through manual formula entry in Excel 2019. It is important to differentiate between normalization and standardization, as they serve different purposes.Normalization involves scaling data to a specific range, while standardization involves transforming data to have a mean of zero and a standard deviation of one. Excel 2019 does not have a built-in normalization function, so it must be done manually through formula entry.
