What are the key differences between big data and small data?
Big data refers to large volumes of data that can be analyzed for insights, while small data is manageable and often more focused.
Can you give examples of each?
Sure! Big data examples include social media data and sensor data, while small data could be a local business's customer database.
Which one is more useful for businesses?
It depends on the business needs. Big data can uncover trends, while small data can provide specific insights for targeted actions.
Are there any challenges with big data?
Yes, challenges include data storage, processing power, and ensuring data quality and privacy.
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