Multiple Choice
Which of the following is NOT directly impacted by increasing automation?
20
views
0. Basic Principles of Economics
Introduction to Economics
Struggling with Microeconomics?
Join thousands of students who trust us to help them ace their exams!Watch the first videoMultiple Choice
Which of the following is NOT a characteristic of big data?
A
Volume
B
Scarcity
C
Velocity
D
Variety
Verified step by step guidance1
Step 1: Understand the key characteristics of big data, which are commonly known as the '3 Vs': Volume, Velocity, and Variety.
Step 2: Define each characteristic: Volume refers to the large amount of data generated; Velocity refers to the speed at which data is produced and processed; Variety refers to the different types and sources of data.
Step 3: Recognize that 'Scarcity' means a lack or shortage of data, which contradicts the concept of big data that involves massive and abundant data sets.
Step 4: Compare the options given (Volume, Velocity, Variety, Scarcity) against the known characteristics of big data.
Step 5: Conclude that 'Scarcity' is NOT a characteristic of big data because big data is defined by abundance rather than scarcity.
Related Videos
Related Practice
Introduction to Economics practice set
Problem sets built by lead tutorsExpert video explanations