To some extent, many organizations, if not all, suffer from some form of performance deviation. This can manifest itself in any goal or standard against which organizations may measure themselves.
In response to the CFPB’s Request for Information seeking “best practices for normalizing relevant data” in the CFPB’s Consumer Complaint Database, the American Bankers Association has submitted a ...
Figure 1: Data normalization prior to applying t-test and its consequences on type I and type II error rates. We investigated the consequences of using normalization ...