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Data is raw facts and figures that do not have meaning e.g 7, summer, vanilla, money It arises from : outputs of MIS (management information system) transaction between two parties Automated billing automatic measurments Knowledge is the applying of rules to information. (information is data with meaning e.g 7 flavoured vanilla ice creams) So the knowledge to my data would be In the summer i will by 7 flavoured vanilla ice creams if i have enough money

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