And the variation in startup outcomes is so great that even though we have such a large data set, the best single founder outcome is so far better than any of the multiple founder outcomes.

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Multiply that by millions of customers in a metro area, and a smart grid can produce a data set large enough to monitor power demand in real time and predict probable outages before they occur.

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Big data refers to a set of information and data so large and complex that it becomes difficult to process using conventional database management tools.

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From there, it scans a large set of publicly available data associated with the identity, to calculate an Affirm credit score.

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After studying the large set of image-data, the cluster revealed that indeed it could, in addition to being able to develop concepts for human body parts and -- of course -- cats.

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The lack of data sets received on a regular basis, the lack of an industry standard format for data set composition, and the composition of data sets that were unformatted or too large for computers to process without crashing.

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When Obama and his supporters refer to income inequality, they are taking a complex set of economic and social issues and boiling them down to a single data point: how large is the difference between the annual incomes of top earners compared with those on the bottom of the income scale.

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