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14 Cards in this Set
- Front
- Back
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What is data? |
Raw facts and figures. |
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What does data consist of? |
Any alphanumerical character. |
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T or F? Data holds meaning. |
False |
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What is information? |
Data processed with a context / form. |
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T or F? A graph is context. |
False ... A graph is presentation. |
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Knowledge is ...? |
The relationship between information and action. |
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What do you require to hold knowledge? |
Rules available to interpret information. |
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What is an expert system? |
Computers programmed with rules based off of probabilities. |
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What problems may not having up-to-date information present? |
Worse than useless to business ... information that no longer applies. |
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Name a business that would benefit from up-to-date information. |
Stock brokering |
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What problems may having incomplete data present? |
This type of problem may mean that assumptions are made with insufficient basis. |
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Give an example of a business which will most benefit from complete data. |
Sales department ... Coca-Cola |
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What problems may having data not for intended use present the business. |
This problem may cause a business to pay for useless information. |
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Give an example of a business that may benefit from intended information. |
Regional businesses. |
