V.14:11 (465-470): SIDEBAR: Normalize to Compare

V.14:11 (465-470): SIDEBAR: Normalize to Compare
Item# \V14\C11\SIDENOR.PDF
Availability: In Stock

Product Description


You can't compare apples and oranges - but if you need to try, normalizing the data is a way to make unlikely comparisons possible. A traditional method is to map values from the raw data onto a standard normal or bell curve. This lets you state, for example, that the apple has a "normal" weight - that is, average compared with other apples - whereas the orange is perhaps heavy, weighing several standard units (called standard deviations) above the average weight for oranges.

*Note: $2.95-$5.95 Articles are in PDF format only. No hard copy of the article(s) will be delivered. During checkout, click the "Download Now" button to immediately receive your article(s) purchase. STOCKS & COMMODITIES magazine is delivered via mail. After paying for your subscription at store.traders.com users can view the S&C Digital Edition in the subscriber's section on Traders.com.

Take Control of Your Trading.
Professional Traders' Starter Kit
All these items shown below only $299.99!
  • 5-year subscription to Technical Analysis of STOCKS & COMMODITIES, The Traders' magazine. (Shipping outside the US is extra. Washington state addresses require sales tax based on your locale.)
  • 5 year access to S&C Archive
  • 5 year access to S&C Digital Edition
  • 5-year subscription to Traders.com Advantage.
  • 5-year subscription to Working Money.
  • Free book selection.
  • Click Here to Order