what are the four common characteristics of big data quizlet?
['Volume. Massive volumes of data, challenges in cost-effective storage and analysis.', 'Velocity. The rate at which data is produced and changes, and also how fast the data must be processed to meet business requirements.', 'Variety. The diversity in the formats and types of data. ... ', 'Variability. ... ', 'Veracity. ... ', 'Value.']