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Write a memo to your VP with recommendations for improving the given data. You w

Write a memo to your VP with recommendations for improving the given data. You will evaluate an existing data set on lending and loan approvals, describe the desired use of the data, the benefits it will provide, and determine possible improvements to the data quality.
In your memo to the VP, include the following criteria:
Describe the characteristics of big and small data using the given data set.
Determine whether the data set provided is big or small data.
Explain how you determined the type of the data set.
Describe the differences between big and small data.
Describe the relationship between data and business knowledge.
Describe how you can use the given data for further analysis on lending and loan approval.
Compare explicit data with tacit knowledge for the given data set.
Determine the scope for improvement of the data set.
Within the given data set, identify the following:
Inconsistencies in the columns
Records with incomplete or missing data
Describe three opportunities for improving the data quality of the given data set.

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