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Explain the Characteristics of Big Data

question 2

Essay

Explain the characteristics of big data.Describe two sources of big data collected by enterprises.


Definitions:

Cash Discount

A reduction in the price paid for goods or services offered to customers as an incentive for early payment.

Annual Insurance

The total cost of insurance coverage for an entity or individual for a one-year period.

List Price

The advertised or published price of a product or service before any discounts or deductions are applied.

Annual Property Taxes

Taxes assessed on property ownership, levied annually based on the property's assessed value.

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