Consider the following statements about the big data 1 It can be ...........

Science Affairs Information Technology

Consider the following statements about the big data

1. It can be used to understand and target customers by bringing together data from various sources.

2. Application of big data in the medical field has not yet realised because of cost involved in the research methodologies.

3. Big data can be used in the policy making process of government.

Which of the above given statements is/are correct?

1 and 3 only

2 only

2 and 3 only

1, 2 and 3 only

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Explanation:

Companies use big data to better understand and target customers by bringing together data from their own transactions as well as social media data. Big Data is used in healthcare to find new cures for cancer, to optimize treatment and even predict diseases before any physical symptoms appear. So, 2 is incorrect. Recently, NITI Aayog also echoed the idea of evidence-based policymaking guided by Big Data.