5 Questions
What is the primary condition for raw facts to become information?
They must be surprising
Who do the raw facts about the birth date generate information for?
People with no prior knowledge of them
What do knowledge consist of?
Accepted facts, principles, or rules of thumb
What do data resources contain according to the text?
Data facts, encrypted data facts, information, or knowledge
When do conceptual resources become useful according to the text?
When a transformation process is applied to produce the information needed to add business value
Study Notes
Data and Information
- The primary condition for raw facts to become information is when they are organized, structured, and processed to provide meaning.
Personal Relevance
- Raw facts about a person's birth date generate information specifically for that individual.
Composition of Knowledge
- Knowledge consists of information, experience, intuition, and insight.
Data Resources
- Data resources contain raw facts, figures, and transactions.
Conceptual Resources
- Conceptual resources become useful when they are applied in a specific context to provide insight and meaning.
Explore the concept of information and surprise by examining how raw facts can become meaningful only when they generate a surprise or real news. Delve into the conditions that turn raw facts into valuable information.
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