Question: 1) True or False: Data collection is so massive that it is now measured in megabytes. 2) True or False: One terabyte equals approximately one

1) True or False: Data collection is so massive
1) True or False: Data collection is so massive that it is now measured in megabytes. 2) True or False: One terabyte equals approximately one billion bytes. 3) True or False: Walmart's databases are estimated to contain more than 2.5 petabytes, the same size as the entire U.S. Library of Congress book collection. 4) True or False: Digital data can be collected from web sites, credit cards, point-of-sale records, social media, and operational environments. 5) True or False: The management task with business analytics is all about gathering as much data as possible. 6) True or False: Descriptive analytics characterizes and summarizes data to facilitate understanding. 7) True or False: Predictive analytics invokes advanced optimization tools to recommend a strategy or action. 8) The huge amount of production, consumer, and social media data collected in digital form is called A) petabytes B) big data C) the big bang theory D) prescriptive analytics E) business analytics 9) What tool does UPS use to analyze more than 1 billion data points each day? A) predictive analytics B) descriptive analytics C) prescriptive analytics D) descriptive statistics E) variance analysis

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!