What is the next step in transforming data into knowledge as per the cognitive hierarchy model?

The correct next step in transforming data into knowledge in the cognitive hierarchy model is conducting analysis. This step is crucial because it involves interpreting the raw data collected and extracting meaningful insights from it. Analysis allows one to identify patterns, trends, and relationships within the data, which is essential for making informed decisions and generating knowledge.

Once the data is gathered, simply having it does not provide value until it is carefully examined and analyzed. This leads to actionable information that can enhance decision-making processes. While creating reports or distributing information are important subsequent steps, they rely heavily on having already conducted a thorough analysis to ensure that what is communicated is relevant and useful. Therefore, analysis serves as the critical bridge between raw data and actionable knowledge.