Question: Consider the terms: information, data, and knowledge. From a statistical standpoint, list these terms in order of increasing usefulness in making decisions. a) Knowledge, data

Consider the terms: information, data, and knowledge. From a statistical standpoint, list these terms in order of increasing usefulness in making decisions.

a) Knowledge, data and information

b) data, information, and knowledge

c) information, data and knowledge

d) knowledge, information, and data

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