Is the amount of data an important factor in determining how to acquire data? Why or...
Is the amount of data an important factor in determining how to acquire data? Why or why not? (1 Paragraph of at least 100 words please)
Homework Answers
The amount of data plays a vital role during data collection or mining.
Let me explain with an example.
Transactional data is incredibly important for businesses because it helps them to expose variability and optimize their operations for the highest quality results. By examining large amounts of data, it is possible to uncover hidden patterns and correlations. These patterns can create competitive advantages, and result in business benefits like more effective marketing and increased revenue.
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Is the amount of data an important factor in determining how to
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