Answer:
Opportunity cost is the cost of a foregone alternative. If you chose one alternative over another, then the cost of choosing that alternative is an opportunity cost. Opportunity cost is the benefits you lose by choosing one alternative over another one.
Hope it helps.
No it was roughly about 1 third of the American population
Answer:
Categorizing each photo by cat and dog name and using a set of numbers to identify the order in which they were shot, edited or to identify the date of each photo
Explanation:
Two clever way to organize the photos would be:
-*Categorizing each cat and dog photo with the name "Cat" for the cat photos and "Dog" for the dog photos and after that including the date when the picture was taken.
- Still use the cat and dog name for the photo to identify if it is a cat or a dog photo, and include the numbers 1 to 3 on the dog's photos and 1 and 2 on the cat's photos according to the order in which they were shoot instead of the date.
Big data analytics means searching out and analyzing data from multiple sources across the enterprise, and increasingly from outside sources as well, to identify patterns and relationships that might be significant.
<u>Explanation:</u>
Data analysis is an effective tool in the hands of the companies as it helps them to make the right business decisions at the right time. One of the methods of data analysis is big data analytics.
This process examines large and wide variety of data sets and identifies hidden correlations and patterns, customer preferences and market trends. It offers many benefits for the businesses which includes finding new opportunities for revenue, better and effective marketing, improvement in operational efficiency, etc.
