What is the meaning of the phrase "Big Data"? What are the advantages of big data for competition?

Computer Networking: A Top-Down Approach (7th Edition)
7th Edition
ISBN:9780133594140
Author:James Kurose, Keith Ross
Publisher:James Kurose, Keith Ross
Chapter1: Computer Networks And The Internet
Section: Chapter Questions
Problem R1RQ: What is the difference between a host and an end system? List several different types of end...
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What is the meaning of the phrase "Big Data"? What are the advantages of big data
for competition?
Transcribed Image Text:What is the meaning of the phrase "Big Data"? What are the advantages of big data for competition?
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Step 1

Data:

Data is a collection of information that is stored, accessed and processed by the computer.

The four types of data are normal, ordinal, discrete and continuous data.

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