[Retracted] Applications of Big Data in Economic Information Analysis and Decision-Making under the Background of Wireless Communication Networks

Table 4

Traditional and big data analysis.

	Traditional analytics	Big data analytics
Analytics type	Descriptive, predictive	Predictive, prescriptive
Analysis methods	Hypothesis-based	Machine learning
Primary objective	Internal decision support and performance management	Business process driver and data-driven products
Data type	Structured and defined (formatted in rows and columns)	Unstructured and undefined (unstructured formats)
Data age/flow	>24 h static pool of data	<min constant flow of data
Data volume	Tens of terabytes or less	100 terabytes to petabytes