Question

What is the main source of value derived from Big Data, according to MGI?

a.

The size of the dataset.

b.

Creating transparencies.

c.

Discovering needs and exposing variability.

d.

Human decision-making.

Posted under Big Data Computing

Answer: (c).Discovering needs and exposing variability. Explanation:The main source of value derived from Big Data, as explained by MGI, includes creating transparencies (making data more visible), discovering needs and exposing variability (identifying patterns and variations in data), segmenting customers (dividing customers into groups for targeted strategies), and replacing/supporting human decision-making with automated algorithms (using data-driven insights for decision-making and innovation).

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Q. What is the main source of value derived from Big Data, according to MGI?

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