Understanding Data in Digital Society

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What is data?

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Data consists of raw, unorganized facts and figures, such as numbers, letters, characters, or images.

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What is the difference between data and information?

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Data is raw facts, while information is processed, organized, or structured data that is more reliable and easier to analyze.

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Define knowledge in the context of data.

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Knowledge is the ability to derive meaning from information and apply it to achieve specific goals.

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What does wisdom involve in relation to data?

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Wisdom involves applying knowledge in decision-making and answering deeper questions.

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What is the DIKW pyramid?

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The DIKW pyramid visually represents the relationship between Data, Information, Knowledge, and Wisdom.

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What are the types of data mentioned?

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Types of data include financial data, medical data, meteorological data, geographical data, scientific data, and metadata.

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What is big data?

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Big data refers to large, complex datasets generated from various sources that traditional data processing software cannot handle.

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What are the 4 V's of big data?

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The 4 V's of big data are Volume, Velocity, Variety, and Veracity.

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What is data mining?

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Data mining is the process of identifying patterns, correlations, and anomalies in large datasets to help solve business problems.

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What is data matching?

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Data matching is comparing two sets of data to find data on the same entity.