Business Analytics Module 1

It is an encompassing and multidimensional field that uses mathematics, statistics, predictive modeling and machine learning techniques to find meaningful patterns and knowledge in recorded data.

• Big Data

• Analytics

• Normal Data

• Analytics Process

Areas of Analytics

• Visualization

• Test Analytics

• Forecasting

• Volume

Ares of Analytics

• Data Mining

• Big Data

• Statistics

• Optimization

By _____, there will be around 40 trillion gigabytes of data (40 zettabytes).

• 2000

• 2020

• 2012

• 2018

In 2012, only _____ of all data was analyzed.

• 2.5

• 10.5

• 0.5

• 8.3

_____ bytes data are generated each day by internet users.

• 3.5 quadrillion

• 2.5 quintillion

• 1.5 million

In 2019, there are _______ active Facebook users, and they generate a lot of data.

• 2.5 gigabytes

• 2.0 trillion

• 2.3 billion

• 1 million

It is a term applied to a dataset that exceeds the processing capacity of conventional database systems, or it doesn’t fit the structural requirements of traditional database architecture.

• Big Data

• Business Analytics

• Analytics

• Normal Data

It comes from your traditional relational database system

• Big data

• Normal data

• Analytics

Comes from different data sources. Data are usually in petabytes, or terabytes

• Normal Data

• Analytics

• Big Data