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Data Analytics - Quiz(MCQ)
______ refers to the ability to turn your data useful for business.
A)
Variety
B)
Value
C)
Velocity
D)
None of the above

Correct Answer :   Value


Explanation : The ability to turn our data into business value is referred to as value. The usefulness of obtained data for our business is referred to as data value. Data, regardless of its magnitude, is rarely useful on its own; to be useful, it must be transformed into insights or knowledge, which is where data processing comes in.

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