What is big data in analytics?
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Supervised and Unsupervised Learning are two primary types of machine learning, differing mainly in how they process and learn from data.
Neural networks are a type of machine learning model inspired by the structure and function of the human brain. They are designed to recognize patterns and relationships in data through a process of learning.
Big Data in analytics refers to extremely large and complex datasets that are too big for traditional data-processing tools to handle efficiently — but when analyzed, they reveal patterns, trends, and insights that help in decision-making.
Key Characteristics — The “3 Vs” (often expanded to 5 Vs)
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Volume – Massive amounts of data (terabytes, petabytes, or more).
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Velocity – Data generated and processed at high speed (e.g., social media streams, IoT sensors).
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Variety – Many data types: text, images, videos, audio, logs, transactions, etc.
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Veracity (extra V) – The reliability and quality of the data.
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Value (extra V) – The usefulness of the data for decision-making.
Sources of Big Data
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Social media platforms (posts, likes, comments)
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IoT devices and sensors
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Online transactions and e-commerce logs
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Healthcare records and medical imaging
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Satellite and weather data
Why It Matters in Analytics
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Enables predictive analysis (forecasting trends).
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Supports real-time decision-making (fraud detection, traffic routing).
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Helps personalize experiences (recommendation systems like Netflix, Amazon).
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Improves operational efficiency by finding hidden patterns.
In short: Big Data is all about handling massive, fast-moving, and varied data sources to uncover insights that would be impossible to see with smaller datasets and traditional tools.
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