8) All of the following are correct statements regarding big data except Big data needs to be transformed to "Smart Data Collecting large amounts of statistics and members translates into minimal benefit if there is no layer of added intelligence Big data analytic tools complete missing pieces through data fusion, which is the process of integration of multiple data and knowledge representing the same real-world object into a consistent, accurate, and useful representation Big data is an evolving term that describes any voluminous amount of structured data that has the potential to be mined for information. Big data uses inductive statistics and concepts from nonlinear system identification (e.g., output is not directly proportional to the input) to infer laws from large sets of data to reveal relationships and dependencies, or to perform predictions of outcomes and behaviors