Week 2

"Luck is not in your hand but Work is. Your work can make your luck, but luck can not do your work."

Understanding Knowledge

Knowledge can be made up of facts, procedural rules and heuristics. Fact is a statement representing the truth, Procedural rule is the sequence of actions and Heuristic rule is actually based on experience that one gets based on years. Intelligence is the ability which is used to apply knowledge. Common Sense is opinions of humans. Cognitive Psychology is the study of human intelligence which needs to recognize cognitive structure and process.

• Data: Raw facts.
• Information:  Processed Data.
• Knowledge: Understanding of Information.
• Event: Based on decisions to perform action.

Subjective & Objective Views: 

In subjective view, Reality is erected through interaction with the other individuals. As its a ongoing process so it continues to affect and influence by social practices. Knowledge can be considered as state of individual mind and Practice. In objective view, Reality is based on human perception.So here, knowledge is kept in the form of object which can be discovered. Knowledge can be considered as Objects, capability and access to information.

Types of Knowledge:

• Procedural Knowledge: Based on knowledge that someone has, which can be explained by the procedure of doing something (Sequence of steps).
• Declarative Knowledge: Based on knowledge that someone knows about something but don't have practical understanding.
• Tacit Knowledge: Based on individual experience which is difficult to share and express.
• Explicit: Based on knowledge that can be represented in words or numbers.
• Individual Knowledge
• Collective Knowledge

Maheen Asif !