What is Big Data and Why is it Important

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Assignment Task 

Questions

  1. How does prescriptive analytics relate to descriptive and predictive analytics?

  2. Explain the differences between static and dynamic models. How can one evolve into the other?

  3. What is the difference between an optimistic approach and a pessimistic approach to decision-making under assumed uncertainty?

  4. Explain why solving problems under uncertainty some­times involves assuming that the problem is to be solved under conditions of risk?

  5. What do you think the future of Big Data will be?

  6. Will it lose its popularity to something else?

  7. What are some of the major privacy concerns in employing intelligent systems on mobile data?

  8. Why must a truly smart home have a bot?

  9. Why is the IoT considered a disruptive technology?

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