|Meaning||Data is raw, unorganized facts that need to be processed. Data can be something simple and seemingly random and useless until it is organized.||When data is processed, organized, structured or presented in a given context so as to make it useful, it is called Information.|
|Example||Each student's test score is one piece of data||The class' average score or the school's average score is the information that can be concluded from the given data.|
|Definition||Latin 'datum' meaning "that which is given". Data was the plural form of datum singular (M150 adopts the general use of data as singular. Not everyone agrees.)||Information is interpreted data.|
Data vs Information - Differences in meaning
Data are plain facts. When data are processed, organized, structured or presented in a given context so as to make them useful, they are called Information.
It is not enough to have data (such as statistics on the economy). Data in themselves are fairly useless. But when these data are interpreted and processed to determine its true meaning, they become useful and can be called Information. Data is computer's language. Information is our translation of this language.
Grammatical note on the word "Data"
It should be noted that data is plural (for datum), so the correct grammatical usage is "Data are misleading.". However, in practice people tend to use data as a singular form. e.g. "This data is misleading."
Video explaining the differences