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Big Data Applications in Finance

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Which of these is NOT an example of finance using big data?

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1. Which of these best describes what a derivative is?

2. What is the main concern with the increased use of big data in finance?

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About This Quiz & Worksheet

The quiz and worksheet, two mobile-friendly resources, are available to use so that you can check your knowledge of big data applications in finance. The term derivative and a concern of increased use of big data in finance are some topics you will be quizzed over.

Quiz & Worksheet Goals

Using these materials lets you see how familiar you are with:

  • Who makes the decision to buy or sell in automated trading
  • The role of data in general in finance
  • An example of finance using big data
  • What a derivative is
  • A huge concern with the increased use of big data in finance

Skills Practiced

  • Reading comprehension - ensure that you draw the most important information from the lesson on big data in the finance industry
  • Making connections - use understanding of the concept of big data and its applications
  • Information recall - access the knowledge you have gained about the meaning of derivative

Additional Learning

Thanks to the lesson titled Big Data Applications in Finance, you can analyze more about this type of data. Some objectives you can cover include:

  • Determine the importance of time in finance
  • Review examples of derivatives
  • Understand why big data is important for the finance industry
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