What Is Fast Data

question 31

Multiple Choice

What is fast data?

• A) Processes and manages algorithms across many machines in a computing environment
• B) A data value that is numerically distant from most of the other data points in a set of data
• C) Occurs when the user goes into an emotional state of over-analysis (or over-thinking) a situation so that a decision or action is never taken, in effect paralyzing the outcome
• D) The application of big data analytics to smaller data sets in near-real or real-time in order to solve a problem or create business value

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Definitions:

Market Efficiency

A scenario where all existing information is entirely accounted for in the prices of assets, rendering it impossible to consistently outperform the market average in terms of returns.

Government

An organized system that establishes rules and regulations, governs, and provides services to its constituents.

Taxes

Essential fees levied by authorities on personal and corporate income, or added onto the costs of selected merchandise, services, and operations.

Tax Revenue

Income earned by the government from taxing individuals and businesses.