4. Differentiate between standardization and normalization. Support your answer by
mentioning one example of each.
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Answer:
Normalization typically means rescales the values into a range of [0,1]. Standardization typically means rescales data to have a mean of 0 and a standard deviation of 1 (unit variance).
Explanation:
Normalization is useful when your data has varying scales and the algorithm you are using does not make assumptions about the distribution of your data, such as k-nearest neighbors and artificial neural networks. Standardization assumes that your data has a Gaussian (bell curve) distribution.
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