In your own words, define data, information, and knowledge. Use an example from your own life to explain the difference between these terms.

Data items refer to an elementary description of things, events, activities, and transactions that are recorded, classified, and stored but are not organized to convey any specific meaning. Information refers to data that have been organized so that they have meaning and value to the recipient. Knowledge consists of data and/or information that have been organized and processed to convey understanding, experience, accumulated learning, and expertise as they apply to a current business problem. Data = 65 Information = 65 mph Knowledge = going the speed limit in a particular area because everyone knows a policeman sits in that particular spot