Big Data

question 66

Multiple Choice

Big data:

• A) requires a normalized dataset to 3ʳᵈ Normal Form.
• B) does not require a strictly defined data model.
• C) requires a strictly defined schema.
• D) requires a normalized dataset to BCNF.

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Definitions:

Credit Policy Effects

Refers to the outcomes or changes in business performance and financial health resulting from adjustments to a company's credit terms and conditions offered to customers.

Cost Factor

A variable, condition, or aspect that determines the cost of an operation or activity, often expressed as a multiplier or percentage.

Probability of Nonpayment

The likelihood that a debtor will default on their loan obligations, not repaying the principal or interest.

Revenue

The income generated from normal business operations and includes discounts and deductions for returned merchandise.