Question: a . Explain TWO ( 2 ) reasons why businesses are using Big Data for competitive advantage. [ 4 Marks ] b . Explain the
a Explain TWO reasons why businesses are using Big Data for competitive advantage.
Marks
b Explain the following Big Data analysis techniques with applications
i Data Mining
ii Machine learning
Marks
c BioHEnergy Sdn Bhd is specialized in the production and optimization of biohydrogen as a clean fuel alternative. TABLE Q shows a sample of the company data that has been collected.
TABLE Q: Company Data
tabletableProductioncost RMtablePrice of rawmaterials RMtableMonthlyincometableProductionMethodtablePromotionTypeDiscountDiscountCashbackCashbackDiscountNoneDiscountNone
Production Method : Electrolysis, : Photo fermentation, : Dark fermentation; Monthly income : Low, : Medium, : High
i Classify the subcategory of ONE quantitative and ONE qualitative variable presented in the dataset. Justify your answer.
marks
ii Identify a variable with no true zero. Justify your answer.
marks
iii. Describe how Predictive and Descriptive analytics can be used on the production cost variable.
marks
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
