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Which of the Following Would You Implement to Collect and Analyze

question 14

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Which of the following would you implement to collect and analyze your company's Big Data?


Definitions:

External Data Sources

Information collected from outside an organization for analysis, including market trends, competitor data, and economic indicators.

Internal Data Sources

Information collected from within an organization, such as sales records, customer feedback, and inventory levels, used for decision-making and strategic planning.

Independent

Refers to entities or individuals that operate autonomously, without external control or support.

Dependent

In statistics and research, a dependent variable is the outcome or variable that researchers are interested in explaining or predicting based on other variables.

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