Data and information, Operation Research

Assignment Help:

Data and Information:

The term "data" (plural form of datum) refers to "an individual fact, statistic, or a piece of information or a group or a body of facts, statistics or the like" (Random House Dictionary of the English language, College Edition, 1975). Thus, data may be described as discrete and unorganised pieces of information. Data become "information" when these pieces are processed, interpreted and presented in an organised or logical form to facilitate a better comprehension of the concerned topic or issue. In other words, data become information when processed and presented to form an intelligible context. The following examples will be helpful in bringing out the difference between the two: 

i)  The Meteorological Department is responsible for the daily collection of atmospheric data on weather. These data are presented in quantitative terms, e.g., tables containing rainfall or temperature figures over a period relating to different regions. The pilot of an aircraft needs weather data relating to the region over which he/she would fly. He/She would rather prefer a brief forecast note on the weather conditions based on these tables which would tell him/her whether he/she would face air turbulence on the route. These processed and interpreted data then become information. 

ii)  Reserve Bank of India Bulletin regularly publishes notifications on exchange control regulations as and when some existing regulations are amended or new ones introduced. We may say that each notification contains discrete pieces of facts or information. If, however, these notifications, at a later stage, are organised or consolidated in such a manner that all the related pieces are brought together, (e.g. those dealing with the foreign exchange regulation relating to business travel), then such a consolidation becomes information. 

iii)  A scientist studying the behavior of a chemical compound under different physical conditions would observe and record the relevant data provided by the experiments. These data or raw facts would not convey any meaning unless he filters; analyses and integrates them and finally interprets his findings. The resultant product-then becomes information.  


Related Discussions:- Data and information

Scope and concept, Explian scope and concept of Operations research?

Explian scope and concept of Operations research?

Objectives of strategic management, Problem What are important objectiv...

Problem What are important objectives of strategic management and the causes for failure t of strategic management Objectives To keep pace with the changing business e

Linear programming, b. A paper mill produces two grades of paper viz., X an...

b. A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y pape

Graphs of time series, Graphs of Time Series A time  series  is a sequ...

Graphs of Time Series A time  series  is a sequence of values  corresponding  to successive points  of time. Time  series  are  graphed  with time  on the x axis  and the  oth

Linear programming problem, A paper mill produces two grades of paper viz.,...

A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i

Linear programming, #questiona paper mill produce two grades of x&y.becouse...

#questiona paper mill produce two grades of x&y.becouse of raw material reswtriction

Unit 8, undertake the proposed research investigation in accordance with th...

undertake the proposed research investigation in accordance with the agreed specification and procedures

Question, Solve the following Linear Programming Problem using Simple metho...

Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0

Operation research, different classification of models in operation researc...

different classification of models in operation research

Important of demand forecasting, 1. Determination to enter a new territori...

1. Determination to enter a new territories. 2. To decide to enter a new market or not. 3. To determine how much production capacity to be builds up. 4. Helpful in

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd