Differentiate between data items information and knowledge?

- 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. Data items can be numbers, letters, figures, sounds, and images. For examples of data items are collections of numbers such as 1.1, 1.2,1.3.

- information refers to data that have been organized so that they have meaning and value to the recipient. For example, a grade point average (GPA) by itself is data, but a student's name coupled with his or her GPA is information. The recipient interprets the meaning and draws conclusions and implications from the information

- 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. For example, suppose that a company recruiting at your school has found over time that students with grade point averages over 3.0 have experienced the greatest success in its management program. Based on this accumulated knowledge, that company may decide to interview only those students with GPAs over 3.0.