Data It is the representation of objects and events which are stored and recorded in the computer. It exists in variety of forms such as number, value, variable, and so on. For example, database in doctor’s office contains data such as patient name, address, disease, and contact number. Data about the facts is called as structured data. In addition to structured data, database includes documents, e-mails, maps, images, sound and video segment called as unstructured data. Information: These are the processed data that increase the information of the individual using it. Data are useless in their present form so it is preprocessed and represent it as the information to the user. It is converted into the meaningful form during the processing phase of the information processing cycle. Business Intelligence (BI): Information collected from various sources to make a strategic decision in a company is called as business intelligence. The source of information for BI is gathered from customers, suppliers, partners, competitors, and industries. Knowledge: The skills, expertise and experience of a person coupled with information and intelligence, which develops the person’s cerebral resources, is called as knowledge. When data is moved towards knowledge, more and more variables can be included for analysis, resulting in more precise problem solving and decision making.

Question

Want to see the full answer?

Answer 1

Question

Chapter 1, Problem 3RQ

Program Plan Intro

Data

It is the representation of objects and events which are stored and recorded in the computer.

It exists in variety of forms such as number, value, variable, and so on.

For example, database in doctor’s office contains data such as patient name, address, disease, and contact number.

Data about the facts is called as structured data.

In addition to structured data, database includes documents, e-mails, maps, images, sound and video segment called as unstructured data.

Information:

These are the processed data that increase the information of the individual using it.

Data are useless in their present form so it is preprocessed and represent it as the information to the user.

It is converted into the meaningful form during the processing phase of the information processing cycle.

Business Intelligence (BI):

Information collected from various sources to make a strategic decision in a company is called as business intelligence.

The source of information for BI is gathered from customers, suppliers, partners, competitors, and industries.

Knowledge:

The skills, expertise and experience of a person coupled with information and intelligence, which develops the person’s cerebral resources, is called as knowledge.

When data is moved towards knowledge, more and more variables can be included for analysis, resulting in more precise problem solving and decision making.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

using r language

8. Cash RegisterThis exercise assumes you have created the RetailItem class for Programming Exercise 5. Create a CashRegister class that can be used with the RetailItem class. The CashRegister class should be able to internally keep a list of RetailItem objects. The class should have the following methods: A method named purchase_item that accepts a RetailItem object as an argument. Each time the purchase_item method is called, the RetailItem object that is passed as an argument should be added to the list. A method named get_total that returns the total price of all the RetailItem objects stored in the CashRegister object’s internal list. A method named show_items that displays data about the RetailItem objects stored in the CashRegister object’s internal list. A method named clear that should clear the CashRegister object’s internal list. Demonstrate the CashRegister class in a program that allows the user to select several items for purchase. When the user is ready to check out, the…

5. RetailItem ClassWrite a class named RetailItem that holds data about an item in a retail store. The class should store the following data in attributes: item description, units in inventory, and price. Once you have written the class, write a program that creates three RetailItem objects and stores the following data in them: Description Units in Inventory PriceItem #1 Jacket 12 59.95Item #2 Designer Jeans 40 34.95Item #3 Shirt 20 24.95