As Volumes of Big Data Arrive from Multiple Sources Such

question 70

Short Answer

As volumes of Big Data arrive from multiple sources such as sensors, machines, social media, and clickstream interactions, the first step is to ________ all the data reliably and cost effectively.

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Definitions:

Price Changes

Refers to the variation in the cost of goods and services over time, often influenced by factors such as supply and demand, inflation, and market competition.

Consumption

The act of using goods and services to satisfy needs or desires.

Time Constraint

A limitation or restriction on the period within which something can be achieved.

Microeconomics

The branch of economics that focuses on the actions of individuals and industries, like the dynamics between buyers and sellers, borrowers and lenders.