Consider the Terms: Information,data,and Knowledge

question 184

Multiple Choice

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

• A)information,data,and knowledge
• B)data,information,and knowledge
• C)knowledge,information,and data
• D)knowledge,data,and information

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Definitions:

Decision-making Processes

Methods or protocols followed by individuals or organizations to arrive at conclusions or make choices from available options.

Human Experts

Individuals who possess extensive knowledge or skills in a particular area, often gained through years of experience or study.

Business Intelligence

The use of data analysis tools and applications to help executives and managers make informed business decisions by analyzing available business data.

Metadata

Data that provides information about other data, such as the author, date created, and file size, aiding in the organization and management of data.