BUSINESS ADMINISTRATION
BUSINESS ANALYTICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Volume
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Veracity
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Velocity
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Validatory
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Detailed explanation-1: -Big data is a collection of data from many different sources and is often describe by five characteristics: volume, value, variety, velocity, and veracity.
Detailed explanation-2: -Velocity. The next of the 5 V’s of big data is velocity. It refers to how quickly data is generated and how quickly that data moves. This is an important aspect for companies need that need their data to flow quickly, so it’s available at the right times to make the best business decisions possible.
Detailed explanation-3: -IBM data scientists break it into four dimensions: volume, variety, velocity and veracity. This infographic explains and gives examples of each.
Detailed explanation-4: -Viscosity: The difficulty to use or integrate the data. Volatility: The timeliness of the data. Its changeability. Veracity: The credibility of the data.
Detailed explanation-5: -Velocity refers to the speed at which data is entered into a system and must be processed. For example, Amazon captures every click of the mouse while shoppers are browsing on its website. This happens rapidly. Velocity is important in stream processing.