In statistics, a power transform is a family of functions applied to create a monotonic transformation of data using power functions. It is a data transformation technique used to stabilize variance, make the data more normal distribution-like, improve the validity of measures of association, and for other data stabilization procedures.
Image: BUPA Box Cox
George Edward Pelham Box was a British statistician, who worked in the areas of quality control, time-series analysis, design of experiments, and Bayesian inference. He has been called "one of the great statistical minds of the 20th century".
George E. P. Box