BUSINESS ADMINISTRATION
BUSINESS ANALYTICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In 2012, only ____ of all data was analyzed.
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2.5
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10.5
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0.5
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8.3
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Explanation:
Detailed explanation-1: -The global Big Data and Analytics market is worth $274 billion. Around 2.5 quintillion bytes worth of data are generated each day. Big Data analytics for the healthcare industry could reach $79.23 billion by 2028. There are currently over 44 zettabytes of data in the entire digital universe.
Detailed explanation-2: -The final step is interpreting the results from the data analysis. This part is essential because it’s how a business will gain actual value from the previous four steps. Interpreting data analysis results should validate why you conducted it, even if it’s not 100 percent conclusive.
Detailed explanation-3: -Study: less than 1% of the world’s data is analysed, over 80% is unprotected.
There is 1 question to complete.