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Upgrade to ProYou are a Data Scientist at Walmart. The pricing analytics team is building a product comparison model that requires all prices to be on the same scale. They need you to normalize product prices using min-max normalization so that the cheapest product maps to 0 and the most expensive product maps to 1. This makes it easier to compare price levels across different product categories.
You are a Data Scientist at Walmart. The pricing analytics team is building a product comparison model that requires all prices to be on the same scale. They need you to normalize product prices using min-max normalization so that the cheapest product maps to 0 and the most expensive product maps to 1. This makes it easier to compare price levels across different product categories.