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Questions and Answers
What is big data characterized by?
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?
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?
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?
Why is big data valuable?
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Why does big data require specialized tools and technologies?
Why does big data require specialized tools and technologies?
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What are some of the challenges associated with big data?
What are some of the challenges associated with big data?
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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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