Which of the Following Factors Has Made Big Data Analytics

question 39

Multiple Choice

Which of the following factors has made big data analytics accessible to nearly all types of organizations?

• A)Significant improvements in storage technology
• B)Flat file organization of data
• C)Significant increase in costs
• D)Increase in the volume of business data

Understand the roles and responsibilities of the Federal Reserve and commercial banks in monetary policy.

Identify the instruments used by the Federal Reserve for conducting monetary policy, including open market operations, reserve requirements, and the discount rate.

Differentiate between fiscal and monetary policy, including their goals and the entities responsible for each.

Explain the process and impact of check clearing in the banking system.

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Definitions:

Cognitive Bias

A systematic pattern of deviation from norm or rationality in judgment, whereby inferences about other people and situations may be drawn in an illogical fashion.

Anchoring Heuristic

A cognitive bias where an individual relies too heavily on an initial piece of information to make subsequent judgments.

Extrasensory Perception

A claimed ability to gain information through means other than the known human senses.

Mental Laziness

A state where an individual avoids mentally challenging tasks, preferring comfort over cognitive effort.