as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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explain the concept of big data in layman terms.
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big data is a term used to describe the large volume of data that organizations collect and analyze. this data can be structured, semi-structured, or unstructured in nature, and it is often used to discover trends, relationships, and insights that can be used to improve decision making.
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