Vocabulary Word
Scenario:
Our reported earnings this year saw a spike because of the property sale, which isn't indicative of our usual operations.
Response:
Implementing a normalization process to our financial statements will give us a more accurate picture of our regular financial performance.
Scenario:
Our analysis is being skewed due to the wide-ranging values of the financial data. This could affect the integrity of our insights.
Response:
A normalization of this data can help us significantly, it would provide a more accurate comparison across all data sets.