ACCA Strategic Professional · Strategic Business Leader · Big data and data analytics
Marlowe Retail combines till transactions, customer emails, social media comments, store CCTV footage and supplier spreadsheets in a single analytics platform. The analytics head explains that the difficulty is that these sources are in structured, semi-structured and unstructured forms. Which characteristic of big data is the main issue?
The main issue is variety. Variety describes data arriving in many different formats and from many sources, such as structured tills, semi-structured spreadsheets and unstructured emails, video and social comments. The difficulty described is integration of differing forms, not quantity, speed or accuracy.
- AVelocity, because the data arrives continuously
- BVariety, because the data comes in many different formats and sourcesCorrect
- CVolume, because there are many records
- DVeracity, because some comments may be false
Explanation
The problem stated is the mix of structured, semi-structured and unstructured formats from different sources. That is variety. Volume and velocity are not the issue described, and veracity concerns accuracy, which was not the stated difficulty.
Did you get it right without looking?
One question tells you little. A timed set on Big data and data analytics shows your real accuracy, how long you take and where you lose marks.
More Big data and data analytics questions
- Zenith Retail's board reviews a dashboard showing that online sales in the northern region fell 12% last quarter compared with the previous …
- Mirabel Foods, a supermarket chain, combines loyalty-card purchases, in-store sensor footfall data and local weather feeds. Management uses …
- Tavian Bank uses transaction data streams and machine analysis to flag unusual card spending patterns within seconds and block suspected fra…
- Zentra Logistics fits sensors to 40,000 delivery vans. Each van transmits location, engine temperature and fuel use every second, and the co…
- Nordell Bank uses a machine learning model to approve loans. An internal review finds the model rejects applicants from certain postcodes at…
- Tamsin Foods plans to use customer purchase and location data to create highly personalised offers. The marketing director expects higher sa…