Data versus Information Elisha Hawkins-Beason Cis/105 May 23‚ 2013 Dennis Puckett Introduction The frequency of the use of the words data and information are very high in our daily lives. Depending on the context the meanings and use of these words differ. Both data and information are types of knowledge or something used to attain knowledge. Through used interchangeably‚ there are many differences between the meanings of these two words. Data refers to the lowest abstract or a raw input
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Data mining and warehousing and its importance in the organization Data Mining Data mining is the process of analyzing data from different perspectives and summarizing it into useful information - information that can be used to increase revenue‚ cuts costs‚ or both. Data mining software is one of a number of analytical tools for analyzing data. It allows users to analyze data from many different dimensions or angles‚ categorize it‚ and summarize the relationships identified. Technically‚ data
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2.1. DATA AND INFORMATION Data Data is the raw materials from which information is generated. Data are raw facts or observations typically about physical phenomena or business transactions. It appears in the form of text‚ number‚ figures or any combination of these. More specifically data are objective measurements of the attributes (the characteristics) of entities (such as people‚ places‚ things and events) According to Loudon and Loudon- “Streams of raw facts representing events
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READING QUESTIONS DAY ANSWERS 1. Which of the following reading components do you find the easiest and the most difficult? Vocabulary Sentence/Syntax Getting the main idea Comprehension Others:_______________ Easiest: _____________ Difficult: _______________ EASIEST COMPONENTS: Vocabulary - 3 Sentence/Syntax - 11 Getting the main idea - 16 Comprehension - 1 DIFFICULT COMPONENTS: Vocabulary - 5 Sentence/Syntax - 9 Getting the main idea - 5 Comprehension – 11 2. Why do you
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MEAN SCORE Descriptive Statistics N Mean Std.Deviation Discount 196 1.38 .672 Gift Coupon 196 1.47 .603 Free tour 196 1.91 .929 Cash back 196 1.44 .634 Price 196 1.54 .753 Quality 196 1.44 .592 Quantity 196 1.58 .715 Varity 196 1.68 .609 Brand 196 1.66 .641 Durability 196 1.94 .732 Availability 196 2.04 .902 Promotion Scheme 196 2.24 .944 Advertisement 196 2.10 .871 Promotional scheme of Berger paint is very attractive. 196 1.99 .791
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Distinguish between primary data and secondary data? Primary data is the data that is collected first hand from the original source for the purpose of making statistical inference while secondary data is the data that is collected by the method of abstraction and is used to make statistical inference by using primary data already collected by an investigator. Primary data is collected by Identifying population of interest choosing sample analyse sample information draw inference from
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5.3.3 Data cleaning Data cleaning helps to remove all unnecessary data. Data cleaning attempts to fill in missing values‚ smooth out noise while identifying outliers and correct inconsistencies in the data. Data cleaning is usually an iterative two-step process consisting of discrepancy detection and data transformation. 5.3.4 Data analysis Data analysis is also known as analysis of data or data analytics‚ is a process of inspecting‚ cleansing‚ transforming and modeling data with the goal of discovering
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Basic Business Statistics 11th Edition Chapter 1 Introduction and Data Collection Basic Business Statistics‚ 11e © 2009 Prentice-Hall‚ Inc. Chap 1-1 Learning Objectives In this chapter you learn: How Statistics is used in business The sources of data used in business The types of data used in business The basics of Microsoft Excel The basics of Minitab Basic Business Statistics‚ 11e © 2009 Prentice-Hall‚ Inc.. Chap 1-2 Why Learn Statistics? So you are
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the Study 6. Motivation REVIEW OF RELATED LITERATURE AND STUDIES 1. Review of Related Literature 2. Review of Related Studies 3. Conceptual Framework 4. Operational Definition of Terms METHODOLOGY 1. Methods of Research 2. Data Gathering Techniques 3. Statistical Treatment of Data (optional) SYSTEM PRESENTATION A. Existing System 1. Company Background 2. Description of the System 3. Process Flow of the System 4. Analysis of the System B. Proposed System 1. Description of the System 2. Objectives of
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THANK YOU FOR CALLING COMDATA. THIS IS LYN‚ HOW MAY I HELP YOU? I WILL BE HAPPY TO ASSIST YOU WITH THAT. MAY I KNOW TO WHOM THIS IS CHECK IS PAYABLE/MADE OF? THANK YOU FOR CALLING COMDATA ‚ THIS IS LYN‚ I WILL BE HAPPY TO ASSIST YOU IN YOUR TRANSACTION.VERIFYING THE LAST 5 DIGITS OF YOUR EXPRESS CODE IS I’M SO SORRY TO HEAR THAT/I DO APOLOGIZE FOR THE INCONVENIENCE‚ HOWEVER I WILL BE HAPPY TO ASSIST YOU IN YOUR CONCERN. REMINDER: ASK MANUAL AUTHORIZATION FOR FUEL=AUTHORIZATION FOR FUEL
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