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Big data stands out due to its volume, velocity, variety, and veracity, often called the 4 Vs. Its massive scale and complexity necessitate advanced processing tools like Hadoop, Spark, and cloud-based analytics platforms. Traditional data, on the other hand, is typically smaller and less diverse, making it manageable with conventional databases or tools like spreadsheets. Big data’s nature often involves distributed storage and parallel processing to handle its dynamic characteristics effectively. This distinction underscores the necessity of scalable, robust technologies for big data compared to the simpler methods sufficient for traditional datasets. Why Other Options Are Incorrect: • A: Big data is not limited to relational databases; it incorporates NoSQL databases and other distributed storage systems. • B: While velocity is a key attribute, variety is more prominently associated with big data, not traditional data. • D: Distributed storage systems are a hallmark of big data, not traditional data. • E: Big data can be as accurate as traditional data, provided advanced algorithms and validation techniques are employed.
Profit on sale of old plant is shown –
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