Big data is high-volume, high-velocity, and high-variety information assets that demand _____, _________ forms of information processing for enhanced ________ and __________.*1 pointCost-effective, Innovative, Decision Making, InsightCost-effective, Innovative, Insight, Decision Making,Cost-effective, Insight, Decision Making, InnovativeInsight, Decision Making, Innovative, Cost-effective

The correct answer is "Cost-effective, Innovative, Decision Making, Insight".

Here's why:

1. Cost-effective: Big data involves dealing with a large volume of data. The processing of such data needs to be cost-effective otherwise it would not be feasible to handle such large amounts of data.

2. Innovative: Traditional data processing applications are insufficient to handle the variety, volume, and velocity of big data. Therefore, innovative solutions are required for big data processing.

3. Decision Making: One of the main reasons for using big data is to aid in decision making. By analyzing big data, businesses can gain valuable insights that can help in making informed decisions.

4. Insight: Big data can provide valuable insights that were previously hidden due to the sheer volume and complexity of the data. These insights can help businesses in various ways, such as improving their services, understanding their customers better, and so on.