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hello everyone and welcome to this new video on feature scaling today we will learn about the difference between normalization and standardization lets go ahead and get started so feature scaling is an important task or step that we do prior to training of any machine learning models and the objective is to ensure that all features that we have in our data have the same scale so lets take a look at the practical example lets assume that here i have raw original data set and this data set contains three columns these are interest rates employment score and s p 500 so if you guys kind of scan through the data you would notice that the range or the scale of that data is just completely different interest rates here if you take a look at that quick stat or the statistical summary about my data you will notice that the minimum value here of the interest rates is between 1.5 and the maximum is around 3. if you check out the employment which is again this is not employment percentage per