Yes. I work for a company that tunes dozens of speaker systems in high-end recording studios a year and our target frequency response balance can generally be described as this: A spectral "tilt" in which the bass frequencies are +6 dB louder than the highest frequencies. The slope downward should be gradual, from lows to highs. Again, with a 6 dB difference between the bottom and the top octaves.
Correcting a speaker requires measuring the *anechoic* response, and only the bass should be tuned to subtract the room's effect.
This video [1] provides a crash course on science of audio reproduction.
[1] https://www.youtube.com/watch?v=zrpUDuUtxPM