Data: A symbol which has no meaning attached. (fact)
Information: A collected amount of data relating to each other. (observation)
Knowledge: An inference or judgement of the information. Has meaning. (inference)
Wisdom: An understanding of knowledge with the ability to judge the meaning of something.
Knowing the relation between data, information, knowledge and wisdom will allow me to progress easier with my university studies as I now know how I can construct knowledge from information which is from data. When reading, or even viewing, I can identify the facts and convert them to knowledge which can be used for assignments or even exams.
The image below interprets the way data is converted to knowledge.
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