The Value of Data Write a 2- to 3-page paper that addresses the following: •Prov

Question

The Value of Data Write a 2- to 3-page paper that addresses the following: •Provide an example of the type and nature of business data (for your current employer or projected industry career you want to pursue) that fits each of the five common characteristics of high-quality information (see Ch. 6 of Business Driven Information Systems). Types of data should be broken out into functional areas (for example, client demographics, sales data, historical data, service provider data) •Explain why each characteristic is important to your business data and what might happen if your business data were of low quality.

Explanation / Answer

Types of information systems are;
1.Decision support systems
2.Transaction processing system
3.Information systems in organizations
4.Management information systems
5.Expert systems and neutral networks
The computer system works with different types of data.
In modern day computing there is lot of different multimedia
data types such as audio,video,images,graphics.
dATA type there are specific techniques to convert data type
between the binary language of computers.
There are two general ways to represent data
Analog
digital
Analog data are continuous.
Digital data can be broken up in to limited number in elements.
Data:
Data is a processing system may involves:
1.Conversion
2.validation
3.sorting
4.summarization
5.Aggregation
6.Analysis
Types of data processing system are:
1.Scientific data processing
2.Commercial data processing

the idea of data creating business value is not new
The effective use of data is becoming the basis of competition.
Big data will fundamentally change the way business compete and operate.
companies which invest successfully derive value from their data.
While the ability to capure and store vast amounts of data.
Data that quality it has accurate, complete, consistent, timely, and unique.

Accuracy is important because it allows us to make sure that all our data is precise
and to the point. Completeness is also important because it makes sure our data is
complete and thorough. Consistency makes sure that we have the same information throughout
and nothing is untrue.
Timely suggests that we are using current and updated information.
And lastly, uniqueness makes sure that we have no duplicate customers
and only record transactions once.

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