Question
Normalize the following two columns of data. Remember to normalize or standardize data you find the z-score: (x - mean)/sd. Note each column will have
Normalize the following two columns of data. Remember to normalize or standardize data you find the z-score: (x - mean)/sd. Note each column will have its own mean & standard deviation.
Age Income ($)
25 49,000
56 1,56,000
65 99,000
32 1,92,000
41 39,000
49 57,000
Use the Excel formulas =AVERAGE() and =STDEV.S. What is the mean and standard deviation of the new columns of data? Make a scatterplot on excel using the old data. Make sure to add x and y axis labels.Also, make a new scatterplot with the new data. Make sure to add x and y axis labels. Compare them.
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