How much do you know about Big Data?

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Questions and Answers

What is big data characterized by?

  • Volume, velocity, and variety. (correct)
  • Size, complexity, and structure
  • Speed, accuracy, and diversity.
  • Quantity, quality, and consistency.

What are the three characteristics that define big data?

The three characteristics that define big data are volume, velocity, and variety.

What are some benefits of analyzing big data?

  • Simplification of decision-making processes.
  • Insights into customer behavior, market trends, and operational performance (correct)
  • Access to personal information of individuals.
  • Reduction of storage and processing costs.

Why is big data valuable?

<p>Big data is valuable for insights into customer behavior, market trends, and operational performance.</p>
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Why does big data require specialized tools and technologies?

<p>Because it includes both structured and unstructured data (A)</p>
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What are some of the challenges associated with big data?

<p>Big data requires specialized tools and technologies to store, process, and analyze effectively. It includes both structured and unstructured data, and the amount of data generated each day is growing exponentially. Additionally, big data is a relatively new field that is constantly evolving.</p>
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Study Notes

  • Big data refers to large, complex sets of data that traditional methods can't handle.
  • It's characterized by volume, velocity, and variety.
  • Volume refers to the amount of data generated each day.
  • Velocity refers to the speed at which data is generated and processed.
  • Variety refers to the different types of data generated.
  • Big data is valuable for insights into customer behavior, market trends, and operational performance.
  • It requires specialized tools and technologies to store, process, and analyze effectively.
  • It includes both structured and unstructured data.
  • The amount of data generated each day is growing exponentially.
  • Big data is a relatively new field that is constantly evolving.

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