The process by which the raw data are transformed into new variables that have a mean of 0 and a variance of 1 is called ________.
A) standardization
B) covariance
C) correlation
D) regression
E) analysis of variance

Question

Quizplus · Accepted Answer

Standardization is the process of transforming the data into a standard format where the mean is 0 and the variance is 1. This allows for easier comparison and analysis of the data. Covariance, correlation, regression, and analysis of variance all involve different statistical techniques and do not necessarily involve transforming the data into a standard format.

The Process by Which the Raw Data Are Transformed into New