Question 25 Data Mining Applications and Big Data (20 marks) a) Select one of the following industries and answer the questions below: Retail industry Banking industry Insurance Healthcare Government Securitie:s Education (i)Describe the nature of data sources in your chosen industry (ii)Describe one possible data mining application in your industry (iii) List and discuss the major issues that need to be tackled. [6 marks] b) Define "Big Data" in simple terms. List and describe four characteristics (4Vs) of big data [3 marks] [3 marks] [2 marks] c) Compare and contrast big data analytics and traditional data mining. d) Describe up to FQUR challenges in handling big data e) Describe briefly at least FOUR technologies that enable big data analytics. [2 marks] f) Provide an example of an industry for which big data analytics is essential. Describe the [4 marks] [3 marks] problem and issues involved