Question: from the information below answer the following: Data, Information, and Knowledge There have been many definitions and theories about data, information, and knowledge. The three
from the information below answer the following:
Data, Information, and Knowledge
There have been many definitions and theories about data,
information, and knowledge. The three terms are often used
interchangeably, although they are distinct in nature. We define and
illustrate the three terms from the perspective of information
systems.
Data Information Knowledge Wisdom
Data are the raw facts, and may be devoid of context or intent. For
example, a sales order of computers is a piece of data. Data can be
quantitative or qualitative. Quantitative data is numeric, the result
of a measurement, count, or some other mathematical calculation.
Qualitative data is descriptive. Ruby Red, the color of a
Ford Focus, is an example of qualitative data. A number can be
qualitative too: if I tell you my favorite number is that is
qualitative data because it is descriptive, not the result of a
Information Systems for Business and Beyond pg
measurement or mathematical calculation.
Information is processed data that possess context, relevance, and
purpose. For example, monthly sales calculated from the collected
daily sales data for the past year are information. Information
typically involves the manipulation of raw data to obtain an
indication of magnitude, trends, in patterns in the data for a purpose.
Knowledge in a certain area is human beliefs or perceptions
about relationships among facts or concepts relevant to that area.
For example, the conceived relationship between the quality of
goods and the sales is knowledge. Knowledge can be viewed as
information that facilitates action
Once we have put our data into context, aggregated and analyzed it
we can use it to make decisions for our organization. We can say
that this consumption of information produces knowledge. This
knowledge can be used to make decisions, set policies, and even
spark innovation.
Explicit knowledge typically refers to knowledge that can be
expressed into words or numbers. In contrast, tacit knowledge
includes insights and intuitions, and is difficult to transfer to another
person by means of simple communications.
Evidently, when information or explicit knowledge is captured and
stored in computer, it would become data if the context or intent is
devoid.
The final step up the information ladder is the step from
knowledge knowing a lot about a topic to wisdom. We can say
that someone has wisdom when they can combine their
knowledge and experience to produce a deeper understanding of
a topic. It often takes many years to develop wisdom on
Answer this question: Which represents the best example of the correct order?
Question Answer
a
Why are we doing this? do not choose this answer
b
Data Information Context Knowledge
c
Context Data Knowledge Wisdom
d
Data Knowledge Wisdom
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