5V’s of Big Data
Characteristics of big data defined as Volume, Velocity, Variety, Veracity, and Value.
89 topics found for
“data-driven analysis”
Big Data
Extremely large data sets that can be analyzed computationally to reveal patterns, trends, and associations.
Normal Data Distribution
A symmetrical, bell-shaped distribution of data where most observations cluster around the mean.
Standard Deviation
A statistical measure that quantifies the amount of variation or dispersion of a set of data values.
Analytics
The systematic computational analysis of data or statistics to understand and improve business performance.
Data Distribution
The spread and pattern of data values in a dataset, often visualized through graphs or statistical measures.
Outliers
Data points that differ significantly from other observations and may indicate variability in a measurement, experimental errors, or novelty.
Data Science
An interdisciplinary field that uses scientific methods, processes, algorithms and systems to extract knowledge and insights from structured and unstructured data.
Data Analytics
The practice of measuring and analyzing data about digital product adoption, usage, and performance to inform business decisions.