Database System Design

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10 Terms

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Information

result of processing raw data to reveal its meaning, which helps in decision making

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Knowledge

the body of information and facts about a specific subject, knowledge implies familalirty, awareness and understanding of information as it applies to an enviroemtn, a key characteristic of knowledge is that new knowledge can be derived from old knowledge

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Data Processing Can Be

Data processing can be as simple as organising data to reveal a pattern or as complex as using statistical modelling

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Information requires context

raw data alone is meaningless; context provides the necessary meaning and interpretation to transform data into actionable information and knowledge

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Why must raw data be properly formatted

to ensure accurate analysis and interpretation, allowing it to be transformed into meaningful information suitable for decision-making.

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what does data provide

the building blocks for information

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what is informatin

processed data

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what is information used for

information is used to reveal the meaning of data

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what characteristics of information is key to good decision making

accurate information, relevant information and timely information

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why is good decision making important

organisations must make data driven decisions to remain competitive and efficient in a rapidly evolving global society