19 Dec Examples of Data
As discussed in the Overview of Data lesson, Data is a plural of Datum, a collection of facts, and numbers, quantitative and qualitative, digitally stored. Let us now see some of the real-life examples of Data with its applications:
- Financial
- Statistical
- Scientific
- Geographical
- Transport
Financial Data
The data displaying the financial health of a company is called Financial Data. This includes the Company’s bank balance, balance sheet, transactions, and account information
Statistical Data
The population of a country, the statistical information about a country, its states, sectors, regions, and districts, etc. comes under statistical data.
Scientific Data
The scientific data can include the result of lab experiments.
Geographical Data
The Geographical Data is called GeoData i.e. data related to a specific location on the Earth. Also called, geospatial data or GIS data.
Transport Data
The data relating to Vehicle Registration comes under Transport Data. The fines imposed on vehicles due to speeding, red-light jump, and other traffic violations also come under Transport Data.
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