Define information and explain its characteristics

What will be an ideal response?

A common definition for information is knowledge derived from data, whereas data is defined as recorded facts or figures. First, information is not data, it is something more. What makes information "more" is that it is meaningful. Second, because meaning is in the eye of the beholder, information varies from person to person–different people often have different information. Finally, information resides in the head of the person looking at the data. If it's on a piece of paper or on a digital screen, it's data; if it's in the mind, it's information.