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Lock & Key LLC employs your data analytics firm to get assistance on ways to improve the effectiveness of their customers' data being collected. You are given the following data set sample:Customer NameItem PurchasedInstallation DateCostStacy A.AEHB7/1/2020$192.17Matilda W.KGNH7/5/2020$59.98Terry. MJYCU7/16/2020$499.58Lock & Key management feels that only providing an alphanumeric code for the item purchased is not beneficial to them. During their meetings, valuable time is wasted going back to determine the product name and quantity of items sold. You have been asked to indicate which are the best Big Data characteristics to employ. Which of the following would you recommend, in order to assist the management team and save time?Select answer from the options belowVeracityVarietyVolumeValue

Question

Lock & Key LLC employs your data analytics firm to get assistance on ways to improve the effectiveness of their customers' data being collected. You are given the following data set sample:Customer NameItem PurchasedInstallation DateCostStacy A.AEHB7/1/2020192.17MatildaW.KGNH7/5/2020192.17Matilda W.KGNH7/5/202059.98Terry. MJYCU7/16/2020$499.58Lock & Key management feels that only providing an alphanumeric code for the item purchased is not beneficial to them. During their meetings, valuable time is wasted going back to determine the product name and quantity of items sold. You have been asked to indicate which are the best Big Data characteristics to employ. Which of the following would you recommend, in order to assist the management team and save time?Select answer from the options belowVeracityVarietyVolumeValue

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Solution

The best Big Data characteristic to employ in this case would be Variety. This is because the management team needs more diverse information about the items purchased, such as the product name and quantity sold, rather than just an alphanumeric code. By incorporating a variety of data types and sources, the team can gain a more comprehensive understanding of their sales and save time during meetings.

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