Which statement correctly distinguishes data from information?

### Why this is right Data are unprocessed facts and figures. Information is what results when data are processed or organized so they can be interpreted and used. ### The concept Managers gather data to investigate a problem, then analyze it to produce useful information. For example, counts of households and their estimated egg purchases are data; an estimate of monthly market demand derived from those figures is information. ### The other options - **Data are always conclusions; information is always unprocessed**: this reverses the distinction. - **Data and information mean exactly the same thing**: they are related but differ by whether facts have been processed. - **Information is a firm's physical inventory**: inventory means stocks of inputs or outputs, not processed facts. ### Remember Data are raw; information is processed.