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Andrej [43]
3 years ago
15

The differences between small data and big data for companies

Business
1 answer:
Ivenika [448]3 years ago
8 0
Answer:

Small data is data in a volume and format that makes it accessible, informative and actionable. ... Big data is often said to be characterized by 3Vs: the volume of data, the variety of types of data and the velocity at which it is processed, all of which combine to make big data very difficult to manage.
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First, find if a country's RGDP grows on average at 3% per year, how long will it take for this country to double its RGDP. If,
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Answer:

At the growth rate of 3% per year

Number of years taken to double the GDP = 23.33 years

The the GDP will double ( 23.33 - 20 ) 3.33 years earlier at 3.5% growth rate

Explanation:

According to the rule of 70

Number of years taken to double the GDP = 70 ÷ [ Growth rate ]

Thus,

At the growth rate of 3% per year

Number of years taken to double the GDP = 70 ÷ 3

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Further

if the growth rate is 3.5% per year

Number of years taken to double the GDP = 70 ÷ 3.5

= 20 years

Hence,

The the GDP will double ( 23.33 - 20 ) 3.33 years earlier at 3.5% growth rate

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give an example of a fairly major purchasing decision you've made in your lifetime. how did you justify the purchase? How did yo
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