Data Rich, Information Poor

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Description

Surviving in a data-rich environment means understanding the difference between data and information. This paper reviews an environmental case study that illustrates that understanding and shows its importance. In this study, a decision problem was stated in terms of au economic-objective fimction. The function contains a term that defines the stochastic relationship between the decision and the information obtained during field chamctetition for an environmental contaminant. Data is defied as samples drawn or experimental realizations of a mudom fimction. Information is defined as the quantitative change in the value of the objective fiction as a result of the sample.

Creation Information

Kaplan, P.G. & Rautman, C.A. November 9, 1998.

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This article is part of the collection entitled: Office of Scientific & Technical Information Technical Reports and was provided by UNT Libraries Government Documents Department to Digital Library, a digital repository hosted by the UNT Libraries. It has been viewed 60 times , with 6 in the last month . More information about this article can be viewed below.

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  • Sandia National Laboratories
    Publisher Info: Sandia National Laboratories, Albuquerque, NM, and Livermore, CA
    Place of Publication: Albuquerque, New Mexico

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Description

Surviving in a data-rich environment means understanding the difference between data and information. This paper reviews an environmental case study that illustrates that understanding and shows its importance. In this study, a decision problem was stated in terms of au economic-objective fimction. The function contains a term that defines the stochastic relationship between the decision and the information obtained during field chamctetition for an environmental contaminant. Data is defied as samples drawn or experimental realizations of a mudom fimction. Information is defined as the quantitative change in the value of the objective fiction as a result of the sample.

Source

  • Science and Modern Technology for Safeguards; Albuquerque, NM; 9/21-24/1998

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Identifier

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  • Other: DE00001611
  • Report No.: SAND98-2492C
  • Grant Number: AC04-94AL85000
  • Office of Scientific & Technical Information Report Number: 1611
  • Archival Resource Key: ark:/67531/metadc625936

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Office of Scientific & Technical Information Technical Reports

Reports, articles and other documents harvested from the Office of Scientific and Technical Information.

Office of Scientific and Technical Information (OSTI) is the Department of Energy (DOE) office that collects, preserves, and disseminates DOE-sponsored research and development (R&D) results that are the outcomes of R&D projects or other funded activities at DOE labs and facilities nationwide and grantees at universities and other institutions.

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Creation Date

  • November 9, 1998

Added to The UNT Digital Library

  • June 16, 2015, 7:43 a.m.

Description Last Updated

  • Nov. 23, 2016, 12:26 p.m.

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Citations, Rights, Re-Use

Kaplan, P.G. & Rautman, C.A. Data Rich, Information Poor, article, November 9, 1998; Albuquerque, New Mexico. (digital.library.unt.edu/ark:/67531/metadc625936/: accessed October 23, 2017), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.