Define Big Data and Provide an Example of How It

question 194

Essay

Define big data and provide an example of how it has been used in decision making.

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Definitions:

Times Interest Earned

A financial metric that compares a company's income before interest and taxes to its interest expenses, indicating ability to meet interest obligations.

Return On Equity

A measure of financial performance calculated by dividing net income by shareholders' equity, indicating how effectively a company uses investments to generate earnings growth.

Total Assets

The sum of all holdings and properties owned by a person or entity valued at the end of an accounting period.

Total Equity

The total net worth of a company, calculated as total assets minus total liabilities; represents the owners' claim after debts have been paid.