Definition of Data
Data is a collection of facts, figures and statistics related to an object. An object can be a person, event or anything about which data is gathered. Data can be processed to create useful information.
Explanation:
Data is a valuable asset for an organization. Data can be used by the managers to perform effective and successful operations of management. It provides a view of past activities related to the rise and fall of an organization. It also enables the user to make better decisions fro future. Data is very useful for generating reports, graphs and statistics etc.
Example:
Students fill and admission form when they get admission in college. The form consists of raw facts about the students. These raw facts are student's name, father name, address etc. The purpose of collecting this data is to maintain the records of the students during their study period int eh college.
Information:
The manipulated and processed from of data is called information. It is more meaningful than data. It is used for making decisions. Data is used as input for processing and information is the output of this processing.
Example:
Data collected from census is used to generate different types of information. The government can use it to determine the literacy rate in the country. Government can use the information in important decisions to improve literacy rate.
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