So this week we learned about the four V's of Big data - Velocity, Volume, Veracity...

So this week we learned about the four V's of Big data - Velocity, Volume, Veracity and Variety. As we know the velocity of data can vary so does it affect the other three V's? How are they affected? Also same if there are changes in other or one of the V then how are the rest affected?

Expert Solution

We know that the 4 Vs are
Volume
Velocity
Variety
Veracity

Each of these Vs are interconnected and impact each other.

Volume is simply the amount of data. With increase the volume in the data, this data has to come in fast(Velocity) so that processing is possible. At the same time, this data comes from different sources and hence it is in different datatypes, like pictures, text, audio etc. Since the data is huge and comes in different formats at a very high speed the accuracy of the data is very important(veracity). Large amount of data, coming at high speed in a different format is useless if it is not accurate since we will not be able to carry out meaningful data processing and extract insights from the data.

Hence each of the four Vs are important, if for example if data cannot be stored and transmitted that then the whole premise of Big data fall flat. On the other hand, if a large amount of data cannot come in at a high velocity but takes a lot of time, then it is useless.

For example, Tsunami monitors all over the globe keep streaming data to the hub centre. If this data collected by the sensory from a different location cannot be transmitted fast then predicting and give early warning signals of upcoming disasters will not be possible.

In today modern age, we get data from different devices, such as IoT or even our mobile phones, our Facebook post, our Instagram pictures. All these come in different format due to which the richness in the insights is generated. For example companies like facebook combined and process this data to derive insights that help them to sell or provide additional services to users.

Hence the 4Vs of Big Data are interconnected and any change impacts the other.

milcah answered 6 months ago

This week, we learned that there are four levels of abstraction of a data model. They...

This week, we learned that there are four levels of abstraction of a data model. They are contextual, conceptual, logical, and physical. Briefly explain each level with a focus on the differences between them. When working on the final project for this course, many students go directly to the physical model. What would you say to these students? Why would you say so?

This week we delved into the features of Access. We learned about importing and exporting data...

This week we delved into the features of Access. We learned about importing and exporting data to and from other applications. Please write your own scenario, either from a previous experience you have had or from your own imagination, where it was necessary to import and export data from one application to another in the Microsoft Office Suite.

This week we have learned about four of the generally accepted accounting principles – revenue recognition,...

This week we have learned about four of the generally accepted accounting principles – revenue recognition, expense recognition, the matching principle, and the historical cost principle. Briefly explain what is meant by each of these and how they are applied to accrual accounting.

Last week we learned more about important concepts in the area of Distribution and about the...

Last week we learned more about important concepts in the area of Distribution and about the job of Revenue Manager. Two of the most heavily negotiated points in the distribution channel agreements are Last Room Availability and Rate Parity. Which of these do you feel is the most beneficial to the hotel, and why?

This week we learned about the Foreign Corrupt Practices Act (FCPA). In that learning we saw...

This week we learned about the Foreign Corrupt Practices Act (FCPA). In that learning we saw that a key to reducing the penalty is through keeping books and records that are clean and transparent. Consider this case: A USA public company doing business in Freedonia (a made up name from another Marx Brothers movie!) is compelled to bribe local officials in order to be the first to receive a business license for a certain type of industry there. The competition...

This week we learned about stress and the toll it can take on us psychologically and...

This week we learned about stress and the toll it can take on us psychologically and physically. We discussed many strategies for alleviating this stress in healthy ways. In this week’s reflection, include how you believe that stress can impact your attitude and ability to persevere through your educational pursuits. From all the strategies presented by you and others throughout this week’s discussion, share how will you work to overcome the negative aspects of stress.

This week we learned about the increase in tobacco exposure illnesses. Knowing that tobacco exposure is...

This week we learned about the increase in tobacco exposure illnesses. Knowing that tobacco exposure is highly preventable, the government has already taken steps to attempt to decrease tobacco exposure. However, these measures have only been somewhat effective and we continue to see a rise in tobacco-related illness. Do you think that cigarettes and other tobacco products should be made illegal – or do you believe this infringes on individual rights? Be sure to support your stance. 2 APA citation

Corporations This week, we learned about the different types of corporations. Write an essay discussing the...

Corporations This week, we learned about the different types of corporations. Write an essay discussing the disadvantages and advantages of the various types of corporations. This essay should include information on corporations, S corporations and limited liability corporations.

ARTICLE :Big data and big intelligence . “The big data revolution is not about the data....

ARTICLE :Big data and big intelligence . “The big data revolution is not about the data. It’s about the analytics that we can come up with and that we now have to beable to understand what these data say.” – Gary King, Professor and director of the Institute for Quantitative Social Science, Harvard University Companies need to collect, aggregate and analyze data to make better business decisions. With the help of business-intelligence tools and methodologies, companies can now analyze large...

Let's practice what we learned this week about duty, breach, proximate cause, and, damages. These are...

Let's practice what we learned this week about duty, breach, proximate cause, and, damages. These are the elements of a medical malpractice case or any negligence case (for example, slipping on an old rotten tomato in the supermarket fruit aisle). 1. Tell us about malpractice or other negligence cases. 2. APPLY the 4 elements - discuss them in detail - duty, breach, proximate cause, and damages as they apply to your selected case.

Question