AIS Test 3 (Chapters 4,5,6) 2023 with correct answers

Big Data correct answersCatch-all term for vast quantities of structured, semi-structured or unstructured data that are often available in real or near real time Big Data Characteristics correct answersVolume Velocity Variety Veracity Big Data: Volume correct answersRepresents quantity and scale of data Data Growth correct answers-Data being generated at the rate of 2.5 quintillion bytes per day ( ≈10 million Blu-Ray discs) -At current rate of data creation, data in existence will increase 10X between Data is growing __________. correct answersExponentially 90% of data is how old? correct answers2 years Volume Challenge for Accounting professionals correct answersBroadens range of tools needed for data analysis Big Data: Velocity correct answersRepresents the speed at which data are created -Driven in part by growing number of internet-connected devices (IoT) -Smartphones, Blu-Ray players, household appliances, wearable tech, etc. How does velocity grow? correct answersAs more and more devices connect to the internet