Question

You have landed your dream job working for Steve Evert. Unfortunately, Steve doesn't know anything about data. Your first assignment is to help educate Steve on the reasons a business would want to display big data in a graphic or visual format.

Answer 1

Displaying big data in a graphic or visual format can provide easy comprehension, help identify patterns and correlations, and improve communication for businesses.

Step-by-step explanation:

Displaying big data in a graphic or visual format can provide several benefits for businesses:

1. Easy comprehension: Visual representations of data, such as graphs, charts, and maps, make complex information easier to understand and interpret. This allows decision-makers to quickly grasp key insights and trends without having to analyze raw data.
2. Identification of patterns and correlations: By viewing data visually, patterns and correlations that might not be apparent in raw data can be easily identified. This can lead to new insights and opportunities for businesses to optimize operations, identify market trends, and make data-driven decisions.
3. Effective communication: Visuals are often more engaging and memorable than text alone. They can help businesses communicate complex information to internal and external stakeholders more effectively, improving comprehension and retention of the information.

For example, a retail company may use graphs and charts to visually represent sales data over time, allowing them to quickly identify trends and make informed decisions about inventory management and marketing strategies.