Data and Information

1: Data is a random set of numbers
2: Information is processed data
3: Knowledge is what the information tells you
4: Data represents raw materials etc
5: Through knowledge it more more accesible and people understand it more and can build conclusions

Data

• Data is collected from various points
• It consists of different values
• It is stored in data files

Information

• Analysts wish to look over the data
• The data can be processed into charts, graphs etc
• Now it can be used in various ways to help the business