Data to Information Transformation
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Questions and Answers

Which term refers to useful, meaningful data for users in a specific context?

  • Knowledge
  • Data
  • Digital Goods
  • Information (correct)

    • What is the primary characteristic of Digital Goods?

  • Tangible nature
  • Physical form
  • Ease of duplication (correct)
  • Local availability

    • In the context of information systems, what does the term 'knowledge' refer to?

  • Understanding gained through learning and experience (correct)
  • Useful data for decision-making
  • Information stored in databases
  • Raw facts and figures

    • Which of the following best represents 'data' in the given examples?

    <p>Inventory: 30</p> Signup and view all the answers

    Which of the examples provided can be considered as 'information'?

    <p>$14.95 Inventory: 30 Location: 5 on shelf, 25 in warehouse Sold: 8391</p> Signup and view all the answers

    What distinguishes 'information' from 'knowledge'?

    <p>'Knowledge' has a broader context and involves understanding beyond data.</p> Signup and view all the answers

    Which term best describes the following: ID: 56389818 Remaining balance: HKD$289 Linked to credit card: yes Last 10 transactions: … ?

    <p>Information</p> Signup and view all the answers

    What type of information is represented by 'Price: $14.95 Inventory: 30 Location: 5 on shelf, 25 in warehouse Sold: 8391'?

    <p>'Information Goods'</p> Signup and view all the answers

    'Understanding gained through learning and experience' best defines which term?

    <p>'Knowledge'</p> Signup and view all the answers

    'Data' can be classified as:

    <p>'Raw facts and figures'</p> Signup and view all the answers

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