List and describe the three main "V"s that characterize Big Data
What will be an ideal response?
• Volume: This is obviously the most common trait of Big Data. Many factors contributed to the exponential increase in data volume, such as transaction-based data stored through the years, text data constantly streaming in from social media, increasing amounts of sensor data being collected, automatically generated RFID and GPS data, and so forth.
• Variety: Data today comes in all types of formats–ranging from traditional databases to hierarchical data stores created by the end users and OLAP systems, to text documents, e-mail, XML, meter-collected, sensor-captured data, to video, audio, and stock ticker data. By some estimates, 80 to 85 percent of all organizations' data is in some sort of unstructured or semistructured format
• Velocity: This refers to both how fast data is being produced and how fast the data must be processed (i.e., captured, stored, and analyzed) to meet the need or demand. RFID tags, automated sensors, GPS devices, and smart meters are driving an increasing need to deal with torrents of data in near—real time.
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A) high-tech products B) high-touch products C) agricultural products D) unsought products
Management's risk assessment process should be performed only by senior-level management
a. True b. False Indicate whether the statement is true or false
Prepare the statement of partner's equity for the year ending December 31, 2020.
A partnership began on January 1, 2020, with two partners Kelly Simmons and Dawn Jones. The partnership is called Simmons and Jones Partnership. Kelly contributed $40,000 cash and Dawn contributed equipment with a fair market value of $70,000. The partners share profits and losses 50:50. Partners' withdrawals were $10,000 by Kelly and $5,000 by Dawn. Net income for 2020 was $60,000.
Compensatory damages are said, by the Supreme Court, to be given only for "direct physical injury." That cannot include "mental injury."
a. True b. False Indicate whether the statement is true or false