Which of the following represents the correct order of transforming raw facts into actionable insights: Process, Data, Information, Knowledge?
Understand the Problem
The question is asking about the correct order of transforming raw facts into actionable insights. This involves understanding the relationship between data, information, knowledge, and using this understanding to improve the decision-making process.
Answer
Data -> Information -> Knowledge
The correct order is: Data, Information, Knowledge. The DIKW pyramid illustrates the transformation of raw data into valuable insights and knowledge, which can then be used for decision-making.
Answer for screen readers
The correct order is: Data, Information, Knowledge. The DIKW pyramid illustrates the transformation of raw data into valuable insights and knowledge, which can then be used for decision-making.
More Information
The DIKW pyramid is a model used to represent the relationships between data, information, knowledge, and wisdom. The pyramid implies that each level adds value to the previous levels, culminating in wisdom, which informs effective decision-making.
Tips
A common mistake is confusing the order of Information and Knowledge. Remember that Information is derived directly from Data by providing context, while Knowledge is derived from Information through analysis and experience.
Sources
- What Is the Data, Information, Knowledge, Wisdom (DIKW) Pyramid? - ontotext.com
- The Data-Information-Knowledge-Wisdom Pyramid - DataCamp - datacamp.com
- DIKW Pyramid | Data, Information, Knowledge and Wisdom - geeksforgeeks.org
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