I have two input variables revenue
and age
. Am trying to find different bins within that variables.
For ex: I have revenue
and age
.
I see that my revenue data is skewly distributed and regular methods like quantiles, binning etc cannot be applied due to skewness (and gives misleading results).
Is it a good practice to scale/normalize the 1d data before we apply techniques like jenks natural breaks
??
Or we should standardize/nornalize only for k-means multivariate clustering algorithm?