In the four characteristics of Big Data, which term denotes the trustworthiness or accuracy of data?

Prepare for the CIMA Managing Finance in a Digital World (E1) Exam. Use multiple choice questions and study aids to enhance your knowledge. Get exam-ready with our insights and tips!

Multiple Choice

In the four characteristics of Big Data, which term denotes the trustworthiness or accuracy of data?

Explanation:
Veracity is the measure of how trustworthy and accurate data is. Among the four Vs, volume refers to how much data there is, velocity to the speed of data generation and processing, and variety to the different kinds of data and sources. Veracity matters because without reliable data, analyses and decisions can be misleading, so data quality, provenance, and governance are needed to enhance veracity.

Veracity is the measure of how trustworthy and accurate data is. Among the four Vs, volume refers to how much data there is, velocity to the speed of data generation and processing, and variety to the different kinds of data and sources. Veracity matters because without reliable data, analyses and decisions can be misleading, so data quality, provenance, and governance are needed to enhance veracity.

Subscribe

Get the latest from Passetra

You can unsubscribe at any time. Read our privacy policy