How much do you know about Big Data?

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Questions and Answers

True or false: Big data is only characterized by volume and variety.

False (B)

True or false: Big data is only useful for insights into customer behavior.

False (B)

True or false: The amount of data generated each day is decreasing.

False (B)

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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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