Which of the following statements about big data is false? Firms use high-powered analytical models to sift through the data it is not necessary for operations managers to be involved in implementationof the big data processes Data may be collected instantly or over a period of months The data must be organized and analyzed to be of any use

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Which of the following statements about big data is false?

Firms use high-powered analytical models to sift through the data

it is not necessary for operations managers to be involved in implementationof the big data processes

Data may be collected instantly or over a period of months

The data must be organized and analyzed to be of any use

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