What are the five characteristics of good data?
What will be an ideal response?
The five characteristics of data are as follows:
(1 ) Accurate—Good information is based on correct and complete data, and it has been processed correctly as expected.
(2 ) Timely—Good data is produced in time for its intended use.
(3 ) Relevant—Good data is relevant both to the context and to the subject.
(4 ) Just sufficient—Good data is sufficient for the purpose for which it is generated, but just barely so.
(5 ) Worth its cost—For good data to be worth its cost, there must be an appropriate relationship between the cost of data and its value.
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