Question: 1. What is big data? Describe the four common characteristics of big data. 2. Explain the multidimensional nature of data analysis and the business value

1. What is big data? Describe the four common characteristics of big data.

2. Explain the multidimensional nature of data analysis and the business value gained from multidimensional analysis.

3. What are the four data-mining techniques? Provide examples of how you would use each one in business.

4. Compare online transaction processing (OLTP) and online analytical processing (OLAP).

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