Greetings, Space Voyager! Today, we're exploring the concept of "Data Normalization." This technique aims to render numerical data comparable by scaling it down. In this lesson, you will gain insight into the data normalization process and learn how to implement it with Python.

Data normalization is a process that brings your data into a common format, allowing for fair and unbiased comparisons. If data sets are in various scales or units, certain data elements may unfairly dominate the analysis. By adjusting these differences, data normalization ensures that all data pieces stand on an equal footing for comparative evaluation, no matter their original scale or unit. This prevents favor towards specific data as a result of their scale or units, promoting accuracy and fairness in data analysis.

Let's examine two popular normalization techniques: Min-Max and Z-Score:

1. Min-Max Normalization: This technique rescales a feature to range between 0 and 1. The mathematical expression is: $x_{new}=\frac{x-x_{min}}{}$