is a type of information. Lets consider a variety of examples to start to clarify what exactly knowledge is
Informati on Data Belief
Faith
Wisdom
Opinion
Knowled ge
What are the differences between them?
Information something factual.
Data statistics that 95% of girls in 9th class achieve A* grade. Belief a child might have a belief in the tooth fairy. Faith - a religious person may think that God exists despite never having seen him. Opinion opinion is sometimes acceptable, even though it is illegal in the country. Wisdom I might think that the quote from W.H. Auden is wise. Knowledge I know that the current prime minister is Mr N Modi.
What is the Difference Between Data, Information, and
Knowledge?
Data the discrete, objective
facts about events is the essential raw material needed for the creation of information; however, it cannot be used to make decisions because it has no meaning. It lacks meaning because it
Data becomes information when we add
meaning . We add meaning by providing a context to the data. The context identifies the purpose, and circumstance, that surround the gathering of data; it removes ambiguity. We can remove ambiguity in a variety of ways: categorizing, calculating, condensing, etc. Information is helpful because it allows us to answer the who, what, where, when, and how many questions.
Good information is:
Accurate - conveys the true situation. Timely - is available in time to make decisions. Useable - is portrayed in common, easily understood formats and displays. Complete - provides all necessary data. Precise - has the required level of detail. In short, information helps us decide what to do, not how to do it. The how requires knowledge.
Knowledge is the data (facts), information,
and skills acquired through experience or education. The hallmark of knowledge is judgment: the ability to make decisions or come to sensible conclusions. Knowledge comprises not only the ability to choose the appropriate course of action, but also the skills to execute it. Knowledge consists of facts, truths, and beliefs, perspectives and concepts, judgments and expectations, methodologies and knowhow. Knowledge is accumulated and integrated and held over time to handle specific situations and challenges.
Information vs Knowledge vs Wisdom
"Information" is "raw", i.e. un-acted upon by any receiver; "Knowledge" is information acted upon cognitively, i.e. transformed into some conceptual framework and hence usable for other cognitive uses; "Wisdom" is applied knowledge, i.e. knowledge along with the common (or uncommon) sense to know when and how to use it. The interesting distinction is between knowledge and wisdom. By this notion, "knowledge" connotes a solitary action, capable of being taken in the abstract by any one individual. The addition of wisdom implies the addition of experience. Experience is a cumulative matter; it may refer to an individual's own experience, or to the collective experience of more than one individual.