Raw facts and figures that have not been processed, therefore, they have no meaning. For example, 15000 is just a sequence of numbers.
Facts and figures that have been processed, therefore, they now have a meaning. For example, 15000 is the sales(£) for a shop.
Appliaction of rules to information to make a decision. For example, the shop has not met its target sales so extra advertising is needed.
Quality of Information
To ensure information stays accurate thorough errer checking must take place and regular updates…