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Commercial Data Management Questions 26–30 (page: 7)

Updated On: 10-Feb-2026

What are the three size characteristics of 'Big Data'? Select THREE.

  1. Volume
  2. Variety
  3. Veracity
  4. Velocity
  5. Verity

Answer(s): A,B,D

Explanation:

The Three Vs of Big Data are:
Volume = Large size
Variety = Different data types (text, images, etc.)
Velocity = The speed at which data is generated



In Data Analytics, what is the term 'black swan' used to describe?

  1. An unexpected pattern is discovered in the data
  2. A missing piece of data prevents pattern identification
  3. A data size too small to extract a meaningful pattern
  4. A false pattern of data that appears

Answer(s): D

Explanation:

A black swan refers to false pattern recognition--when a pattern appears in data but does not actually exist.



Ramesh is Head of Procurement at Wiggle Waggle Ltd. He is using a tool for predictive modeling and statistical analysis to inform upon future strategic business decisions.
Which of the following is he using?

  1. Analytics
  2. Big Data
  3. BI
  4. Black Box

Answer(s): A

Explanation:

Analytics predicts future trends using data. BI (Business Intelligence) focuses on past and present data but does not predict. Big Data is just large datasets, and Black Box refers to decision-making without transparency.



Which of the following are benefits of using smart sensors in a manufacturing factory? Select ALL that apply.

  1. Tracking workers around the site
  2. Providing data that can monitor machine performance
  3. Informing on forecasting
  4. Facilitating automated stock replenishment

Answer(s): A,B,C,D

Explanation:

All options are correct. Smart sensors help in worker tracking, machine monitoring, forecasting, and stock control.



Unstructured data can be organized into semi-structured or structured data by using a short word or phrase to describe what is held in the digital file.
What is this marker commonly known as?

  1. Structured Query Language
  2. Tag
  3. Syncing
  4. Bot

Answer(s): B

Explanation:

A tag is a marker describing data, commonly used in social media and databases.



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